DislikedHi Cloggie,
I was wondering how you avoid false breaks of a range
At present the barrier is your ass level at 5456. On what basis would you enter a new long trade
Many thanks for all your helpIgnored
Purely PA, right how we have loads of wicks testing 5457 with a mini double forming on the 5, coupled with 3 crows on the 15 all right at the top of my range, so longs are not looking good yet, any long from here would need a solid close on the 15, however we need to negate the possible 3 crows first. All in all we are still in the same range I alluded to earlier and nothing has really changed. The hourly is not looking so bullish now, but the H4 (as long as you use London times) has a nice doji on the last bar with another 90 mins to go on this one.
So overall, am flat as my range has not broken yet, just scalping setups out there and I hate scalping.