#MarketCorrectionBuyOrHODL
Peace be upon you 🙏
🔴 Let's take a simple look at the correction
🛑Correction - is a price decline, which we can see after every momentum in the trend. After the trend correction is completed, it usually always returns. Correction in the currency market is due to the oversold or overbought condition of the instrument at the current moment. To measure the depth of the correction, traders use the analysis method, which is based on Fibonacci levels. There is an upward, sideways and downward correction. Trading strategies, based on trading against the trend (direction) (correction time), are characterized by a high risk ratio.
✅Trade with caution, my dears 🌹