DislikedEURUSD short After strong bearish move and expectation failure, new NSL was formed. Rotation candle in golden zone and with sructure to the left, SOS2 signal. First time the zone was reached bulls looked a little stronger in the last few candles, and didn't get good rotation so I waited. Second time rotation was a little late but still good candle so I took it. Was actually waiting for price to correct a little deeper but not sure it will get there anymore and I might miss the opportunity if I wait longer. Now let's see.. ...Ignored
Looking at the 233 tick chart, price has made a series of 1:1 completions on the move up.
Each of those 1:1s can be seen as a clear swing.
So looking at that, there was no expectation failure, just a correction to the 78.6 of the swing up.
And my profit target is now below the low of the main swing, so I need an expectation failure to reach my profit target.
That can't be good.
Also, bears are moving much weaker now..
Considering protecting early or taking profit earlier.
1