Example of a M15 POP Gun
Many of us trade EURUSD. But yesterday was one trade which some traders saw that small M15 POP Gun and that trade did not run well.
POP Gun are just one of many price action patterns and when these pattern do not appear in trending condition, do not take trades based on POP Gun.
Yesterday M15 POP Gun was also not ideal because the market conditions was narrow ranging and sell at that time was clearly seen as selling in recent support.
Selling at that moment was also against the Daily. Moreover H4 was like what Big E once describe PA as 'scratching its head'.
Many of us trade EURUSD. But yesterday was one trade which some traders saw that small M15 POP Gun and that trade did not run well.
POP Gun are just one of many price action patterns and when these pattern do not appear in trending condition, do not take trades based on POP Gun.
Yesterday M15 POP Gun was also not ideal because the market conditions was narrow ranging and sell at that time was clearly seen as selling in recent support.
Selling at that moment was also against the Daily. Moreover H4 was like what Big E once describe PA as 'scratching its head'.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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