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Chart tracking diary for January 31, 2026
I closed all positions yesterday when H4 formed a long, and indeed it did form a long. Now my plan is to wait for it to create a short to short again, in the Fibo 0.382 and 0.5 zones, where I will wait to short a few test moves. However, if this zone cannot hold the price down, then the downward pressure would be eliminated, and it could reverse to long in this area.
I closed all positions yesterday when H4 formed a long, and indeed it did form a long. Now my plan is to wait for it to create a short to short again, in the Fibo 0.382 and 0.5 zones, where I will wait to short a few test moves. However, if this zone cannot hold the price down, then the downward pressure would be eliminated, and it could reverse to long in this area.
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