DislikedHaven't been taking any trade since Monday, but the change in market direction a few hours ago closed most of trades that are still running. Patience and discipline is very important, Although this presents new opportunities to reenter the market, we have to be weary about the weakness of the last move.
This is a setup which I took, bullish engulfing at a 38.2 and 61.8 fibo confluence.Ignored
I like this CF, it's an good EB also it's what's know as double bar low at higher closed (2 pips difference). a little trick learnt from James 16, I entered 38% the Bull candle retrace.