This is pretty extreme example of what Survivor talks about respecting upper time frames.
On the M15 alone, this looks like a good trade with price constrained along the M15 35... but look at the upper time frames.
The price is being sandwiched from above an below with D1 10, H4 50 nd below by H1 10 and H4 35.
Rule # 627.A Don't trade sandwiches unless you own a deli!
On the M15 alone, this looks like a good trade with price constrained along the M15 35... but look at the upper time frames.
The price is being sandwiched from above an below with D1 10, H4 50 nd below by H1 10 and H4 35.
Rule # 627.A Don't trade sandwiches unless you own a deli!