In the set-up highlighted here the bullish engulfing bar (3rd bar) engulfs both the bearish bars to its left. It does not invalidate the set-up?
Thank you
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Disliked{quote} Hi FXCyborg, Here too the the engulfing bar (3rd bar) engulfs both the previous bars and you have described it as a perfect set-up. That clears up things for me. Thanks againIgnored
Disliked{quote} where was your first and second setup? I cant really see... and one of those setups is not valid as its engulfing the 2nd bar tooIgnored
Disliked{quote} Hi FXC, hopefully this time it will be better from my side. I haven´t read all posts yet. I found 3 bar setup on 15 min EURUSD. I did not find the setup on 5 min TF so looked at 1m. There was a setup so I took it. I set Sl for breach line + 2 pips, TP1 at previous structural high. I got TP, RRR was 1:2. Can we judge this trade as setup in setup? Thank you a lot. {image} {image}Ignored
DislikedWaiting for test of red line, and a nice bounce south again :-). GBP JPY 5 min chart{image}Ignored