Simple story:
First of all this is classic entry as TTVW says - Exit from range with PRL
The rest of the story
Therefore we should be heading for the resistance level approximately 60 pips
First of all this is classic entry as TTVW says - Exit from range with PRL
The rest of the story
- Green waves larger than red waves
- Speed Index on the high side at the pullback = Hard to move done (Effort vs Result)
- No funny stuff at the top yet
Therefore we should be heading for the resistance level approximately 60 pips
Comment:
Better RR now to enter Long, if you wish
Trade closed: stop reached:
Out - stop hit - 50 pips.
Next trade !!!!
Next trade !!!!