You can see price turns with ease using RENKO. This chart shows a 1-2-3 setup, with a lower high which is so easy to spot using a 8pip brick size. If you look on the 30 min time frame from the 14th September we have already had a double top. Fores after all is get rich slow..... no need to rush.
Been tracking GBPUSD Renko style all week from Monday trade which we could still be in. We closed the trade due to the market unable to move back to the News event on the 2nd of November. How many times do you hear that News always retraces ? Well, it does, but maybe over the next month/year.
What we can see here is the 200 EMA acting like a brick wall where...
