Disliked{quote} Whenever I see strong momentum either way, instead of catching top or a bottom; I ask myself this simple question: If I had no bias right now, and just opened the trading platform and saw this chart, would I buy or sell here? Current situation, I would buy since market is going up and I want to be on that train and get a piece of the cake. (credit to goldfinch) Imagine you are unbiased now, normal behaviour would be wait for a retrace say 1.0760s and enter a long for a test of current high.Ignored
I woulnd't buy nor sell. I would wait to see what the fk is going on and analyse the first normal retracement...dunno
...right now it;s just a spike in the air
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