|pipsquick16 ||Feb 6, 2019 12:27pm | Post# 625 |
Hello FX Cyborg, I want to thank you for a great thread and taking the time to teach everyone here, as its much appreciated. Here is my questions, on my screen shot you have an up trend based on the D1, although it may look like a down trend on the H1. I believe that the D1 trumps the H1 if I am correct, and there was an accumulation area on the M1 BTW.
We have the 3 bar set up at the green box, then a touch back at #1 for a valid Buy, then TP zone of 115-120 pips. Then we have a second touch at #2, would this be a valid Buy or would it be too weak being 2 days later ?? There is another 3 bar set up at #2, but because of the doji its not a perfect example as per your valid set ups.