How To Place A Bearish Trade

1. To place a bearish trade, select the timeframe you will be trading on (eg. 1 hour, 2 hour, or 4 hour timeframe, etc.).

2. Use the smart fib tool to identify the current AB boundary in a downtrend.

3. Highlight the red sell zone of the current Fibonacci.

4. Let the price pull back into the red sell zone of the current Fibonacci to form the C.

5. Wait for a bearish candlestick formation to form in the red sell zone of the current Fibonacci to confirm the C, or use a system like PIP FINDER PRO or WAVE RIDER to confirm the C in the red sell zone.

6. Sell at market, or place a pending sell order at the close of the bearish candlestick formation.

7. Place a stop order and a stop reverse order 15 pips above the A.

8. Place a target or limit order 10 pips above the D.

9. When the D is hit, the trade is over.

10. Prepare for the next trade and follow the same rules above.