Disliked{quote} Note that I have seen similar logic to this in the TMA thread when price breaches the top band. Several people started selling because price MUST drop after the breach. I cautioned that there was no confirmation of a down turn yet. And price continued further up a considerable amount, hitting stops of some, launching others into their recovery EA. The point is, those lines are just markers of PROBABILITY levels, not some kind of barrier that will be respected.Ignored
Now that the 30min cycle is over I should drop to 15m for a correction, but its late for me and I have to continue tomorrow, if until then the price doesn't drop to the center of the 15m band, or lower!
Looking for profitable short term trades ...|