We are touching important support at the moment. In addition to being in a monthly and weekly structure, we are also in line with our 100% fib / 88% fib of the respected x-a legs (see video). IF and ONLY if we close and confirm structure (already started weekly and daily) will this be a safer buy. As of now the probability of a reversal is greater than the fall. However, I still consider the martingale dollar cost average a solid risk strategy for myself during these turbulent and tumultuous times.
wait for the confirmation of risk of a more significant fall to the downside. Risk only what you're willing to lose, and GOOD LUCK!
wait for the confirmation of risk of a more significant fall to the downside. Risk only what you're willing to lose, and GOOD LUCK!
