Disliked{quote} But if you only look LEFT of the green Vline, you see an official downtrend OVERDUE to go up. However, your comment of "look how much pips are available" is only a hindsight observation. Based on your speculation of the up move as only a trend correction, then the PREVIOUS up moves are more indicative of what to expect if this is a correction similar to those. The fact that the current "correction" started off with 2 large-bodied bars and continued marching upward is more indicative of a trend change underway, in keeping with "overdue to...Ignored
have to agree with you, in any way, one of us will be right, in hindsight
at the moment the one enter the trade got stopped out