The 1 hour chart has maintained its bullish momentum fron yesterday. It has gone ahead to clear out the 4 hour zone and breach the 4 hour Bearish PB.
Trend is now Bullish on the 1 hour and 4 hour timeframes, and this brings them in sync with the direction of the Daily chart timeframe
With our new Bullish PB in place on the 1 hour chart, we have marked out our zone for expected Bullish reversal. We will be looking to take trades when the market returns to the zone, using one of the methods taught on the Panzy Pips course
Trend is now Bullish on the 1 hour and 4 hour timeframes, and this brings them in sync with the direction of the Daily chart timeframe
With our new Bullish PB in place on the 1 hour chart, we have marked out our zone for expected Bullish reversal. We will be looking to take trades when the market returns to the zone, using one of the methods taught on the Panzy Pips course
Trade closed: target reached:
The market went all the way to hit the liquidity target without giving the expected level of pullback. Because we had our zone refined from the original PB to a very small portion, we suffered the risk of price not coming deep enough into our zone.
With that hapenning, we have witnessed another trade swing completed without being able to catch it. Not to worry. Missing a trading opportunity is never a reason to worry. The trade swing always come. You miss one, you get ready for the next; and the cycle continues endlessly.
So now, we move on to the next trade setup.
The market went all the way to hit the liquidity target without giving the expected level of pullback. Because we had our zone refined from the original PB to a very small portion, we suffered the risk of price not coming deep enough into our zone.
With that hapenning, we have witnessed another trade swing completed without being able to catch it. Not to worry. Missing a trading opportunity is never a reason to worry. The trade swing always come. You miss one, you get ready for the next; and the cycle continues endlessly.
So now, we move on to the next trade setup.
