DislikedIt's a fake out I think
Damiani says "DO NOT TRADE" which is the first sign. It's also a typical "Judas" swing...aka smart money wiping out stops of people who were short since Friday.
I expect another swing like that on London open...maybe even as high as 1.6260 before dropping down again.Ignored
What i wanted to show was this nice (and expected) Up breakout.
In H1.
I like to find such breakout possibilities, switch to lower TF, wait for the move
and then trade it in M1 or M5.. If it comes..
Did not lasted long, but 25 pips are 25 pips
Afterwards, the posted H1 'fake out' as M5 chart.
The 2 vertical lines mark the one H1 candle.
:nerd:
How to opt out annoying user signatures ??