Price should be in a triangular range before a likely break upwards. The daily and weekly chart show so.
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DislikedPrice should be in a triangular range before a likely break upwards. The daily and weekly chart show so.Ignored
DislikedGBPUSD UPDATE There is currently an indecision in the market as price is already challenging a resistant zone. It's also dangerous to Sell directly because momentum is still in favour of the buyers until a shift to the downside. Buyers need to be extremely careful. Basically waiting for price reaction at resistant zone and a shift in momentum to the downside to Sell or identify weakness in strength of Sellers and jump into Buy trade at the centre. Price reaction at resistant zone is the main watch for now. Trade with care and have a nice trading...Ignored
Disliked{quote} No indecision!! The decision has been made! UP! You can thank me later!Ignored
Disliked{quote} Yes, I read all your post including the last one. You will be adding more to Buy position later in the day. The difference here is that I am watching out for possibility of a Shift.. which is a necessary condition factored into my process. Good luck and happy trading.Ignored
Disliked{quote} stopped out !!! no problem , i will go again, this is 1 to 3 r/r trade , so i need to hit 1 from 3 to get breakeven , and if I want to be creative, I can add a third to the second trade to make up for the loss on the first. {image}Ignored