DislikedI would not consider that a break... And it also depends on where your stop is .
The "break" also happened right before the ECB rate decision. Another reason not to trade it.Ignored
I make 90% of my money taking position just before news. Thats when the real moves happen or haven't you noticed? If I'm not taking over 100-300 pips per trade, then its just scalping intraday.(like flipping a coin)
DislikedAmen. I see a lot of people spending tons of hours to figure out where price is going. For me I just list 2 scenarios. What if price does this or that. Price have to go south or north really simple, IMO. This was an easy breakout-trade to the upside, viewable on the chart.
As we speak, price was 4 pips away from upward breakout-target .What's next ? I have no idea. And I don't care until I have a new patternIgnored