TSF Mavin posted a fully qualified signal bar at the close of the 1600 GMT bar. The next bar managed to exceed the signal bar by one pip allowing us to open or fill our trades and so we are in the market waiting for a follow through to take profit or stoploss.
Since entering price retreated a fair distance and returned to set new highs but has retreated again. The area of rejection represents a range of resistance, beyond which, should price succeed in clearing it, there is another line of resistance right in the neighborhood of our take profit...
Since entering price retreated a fair distance and returned to set new highs but has retreated again. The area of rejection represents a range of resistance, beyond which, should price succeed in clearing it, there is another line of resistance right in the neighborhood of our take profit...