I charted everything last night, I seen that price was rejecting 1775.400.
I waited for price to come back around this range to enter into a possible bullish setup.
around 8:30-9am i noticed priced was approaching 1775.400 again.
Waiting for extra confirmation. I entered once price closed above the highest burgundy arrow (1775.400)
exited once price started...
Price opened with a gap, in the back of my mind I believe price will retrace and fill in that space.
I noticed a trendline break on 5 min, I added directional bias arrows to help determine direction, due to small consolidation.
Directional biased arrows are based off the most previous Supply and Demand within the price action.
Directional bias arrows made @...
Price opened bullish, changing my projection from long to short.
Using directional bias arrows once I had a confirmed close above 1718.20 I entered 3 long positions exiting at 1720.00
1:9 RR
Happy Sunday Traders
We predicted this potential price path on the pair. 20 days later we can see price has played out according to our price forecast.
First and foremost - our directional bias was absolutely correct.
Yes, the move took longer to play out than we anticipated; BUT - it really proves patience is a key skill in this game that you must have to become profitable....
Good Morning Traders and welcome to a new trading week! I appreciate every single one of my followers and I really hope you enjoy my daily analysis!
On this pair we can see price trading in a range, potentially heading lower to test the support zone of our range. This week we could see a break to the downside in line with my longer term directional bias.
Any...
