Before i make decisions i need to know exactly where the price is going, what is the trend. Waiting until price will touch minimum or maximum levels and after this i am starting look for the opportunity. As a rule, before trend change direction there will be flat channel formed. It is important to wait until price will show the new direction. in The chart below you can see the new HL and HH so this is a signal for me that time to think about entry point.
Test and retest. This the common situation where market makers trying to fake trend continuation. Most of the time we can see re test also. Re test may be with a lower lows or higher lows from previuos however it doesn't matter.
A very efficient trend analysis has been explained here.To trade with more proficiency trend and fundamental analysis helps a lot.
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Thank you:)
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