If this bearish engulfing is nearer to my upper key level, it would have been a valid Short entry, but it was slightly a bit further I wouldnt feel safe enough to qualify it as a valid trade.
Still looking for close below lower key level of 1.17981, if it is not able to close there, then the "would be Short" will be destined to fail anyway.
Live price action right now looks a lot like it wants to finally pick a direction, down it is.
Cant have it all, i am still not a long time trader like you, i will stick to my own rules for now and get good result first before venturing into other areas/techniques.
Reading "way of turtle" suggested by one of the kind forumers here while waiting for my Short now.
Still looking for close below lower key level of 1.17981, if it is not able to close there, then the "would be Short" will be destined to fail anyway.
Live price action right now looks a lot like it wants to finally pick a direction, down it is.
Disliked{quote} You must think outside the box to make it work. Your chart - this was perfect scalping trade entry.Ignored
Reading "way of turtle" suggested by one of the kind forumers here while waiting for my Short now.
Road to retirement before 30, GBPUSD only, Daily only.
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