I don't usually take impulse entries but I
have taken a similar setup on GJ 3 times
before already this week and they were all
winning trades
Entry was taken at the point we broke below
the wick of the bearish 30m candle on support
anticipating price to come down to the next
support. I used my usual 2% risk and price
very quickly moved towards target
TP hit and...
Price is going up to Target (144/145) through Trend creating Highs and lows. Price is currently at past highs where consolidation took place for a week. Currently testing that level as a Support and testing the Trend line. 4HR Fibonacci Retracement "Golden Zone" falls perfect with Support and Trend line. Price range also pulled back same distance as previous...