Vladimir Ribakov explains how to plan a short trade on EUR/USD by confirming a downtrend with lower highs and lows, then identifying seller-controlled zones where price pulls back and gets rejected, signaling sellers are in control.
currently develop here a sequence of lower highs, lower lows, no reversal signs or no trend change signs. So for me, any rally back to one of these zones— look, basically let's see where the sellers take control. Okay, the most— I'll go wave by wave. So push down, consolidation, another push down. This becomes the first area, right? Uh, second leg, push down, rejection, another massive push down. So That becomes the next important AD, right? And same happens here. Move down, rejection here by a lot of sellers. That becomes another important AD. So any pullback to here and rejection— again, I don't want just a level. I want to see the price reaching the zones and reject. I want to see signs that the sellers step in. Could be the same time frame or even lower time frame, but something that really gives me the understanding that, okay, sellers are trying to take the control. Okay.
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