An update.....
I bought at #1, exiting the last portion in the green doji high at the 124.50 level.
Price then pulled back to confluence of the 34 ema and 123.50 level - a clear buy at #2 - which then FAILED to make a new high - so exit AND take a small short as price is still above the rising 34 ema. Also, its now late in the European morning session, so its best to be cautious before we see what the NY traders are going to do......
I bought at #1, exiting the last portion in the green doji high at the 124.50 level.
Price then pulled back to confluence of the 34 ema and 123.50 level - a clear buy at #2 - which then FAILED to make a new high - so exit AND take a small short as price is still above the rising 34 ema. Also, its now late in the European morning session, so its best to be cautious before we see what the NY traders are going to do......
Trading Levels with WRBs