you are right for sure. I only answered question ref to 3T. LGs preferred setups are 3T and level BOs, so the chart wasn't qualifying for those.
josch
trading is war - life is simple
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DislikedGreat looking channel you have there; why not trade it?
Trend line UP on daily
Daily ADX is up and strong trend
CHF is weak
GBP is strong
Bounce off BRN, big round number 1.48
Bounce off 89SMA on 4 Hour chart
Round bottom forming on 4 H, see what it looks like in 1/2 hour for me
So my answer to your question is NO
But you never can be sure in Forex
PS: Forgot to mention the 61.8 Fibonacci retracementIgnored
DislikedAnd even without all that, a lovely channel trade that just may pop into a BO.Ignored
DislikedHi Guys. Just wondering if anyone else got short EF 1hr BO. Looks like it has a little room further down.Ignored
DislikedHi Guys. Just wondering if anyone else got short EF 1hr BO. Looks like it has a little room further down.Ignored
DislikedHi Guys. Just wondering if anyone else got short EF 1hr BO. Looks like it has a little room further down.Ignored
DislikedA little lunchtime BO, also an early 4H 3tap... I'll let it slide a little...Ignored
DislikedThis broken-out and shall probably go down after retracement is complete. I think it is good candidate for some pips, however probably enter shall be done after 0.90425/333 area is cleared. And there seems to be TL 3-tapped on a daily chart (RSI doesn't confirm it now). Any opinions?
Attachment AttachmentIgnored
DislikedI'm in also, area hard, so carefull watching of PA needed in my opinion.Ignored
DislikedIf you check on daily chart, there hasnīt been fourth candle to the same direction as 3 tap points during last couple of weeks. Instead there has been corrections after 3rd. On the other hand it could be worth some 50 pips to the next support? Could it be ranging? The last highest high is almost in the same level than the one before. I dont know.... just some thoughts, which came to mind.Ignored