DislikedTook this 4 hour BUOB. Looks good so far. I will say there was not much confluence onthis trade and I am being very careful with it sinc eit is CT but hopefully this turns into a nice BUOB on the DAily and we keep running.
1. the bar is huge
2. it engulfs many many bars
3. It has the 1.63 and 1.62 as protection.
My mindset was to take this trade at 1.6320 and use 1.63 as some support which worked out well. I moved up my stop using the bar break stop after it moved 20 pips from my entry.(manging very tight). I did this becasue if 1.63 did...Ignored
What I don't like its the massive down trend.
You anticipation looks nice with a great BUOB and a bit of div.
Just my 2 (newbie) cents.