Hi Intel,
Thanks for the FXCM chart.
OK, for your chart Q&A:
- The 3 blue rectangles all show some forms of UpThrust and ND.
- However, only the 3rd rectangle show a ND, that follows next with a DownBar that is lower than the ND's low. This DownBar confirmed the previous bar was in fact a real ND, can enter Short here.
Cheers,
FB.