DislikedProbably way off with this one but, I feel that cluster of consolidation was just too much for it to break through and the 50 fibo was confluencing with it.Ignored
Dislikedheres my take: After I take some profit I would be freerolling...Ignored
DislikedThanks Ghous,
I hate ranging market, I failed so many times in it (don't you worry, I'm still on demo )!
Considering the good sized PB, from a good level (rejecting bottom of the consolidation) I'd guess we could hope it hits the very top of the range, right? 0.701 area?
But, I would mark below levels as possible trouble areas.
red - probably move my stop to BE
green - TP1
blue - TP2 - confluence with BRN and EMA?
Fil.Ignored
DislikedI would probably use 3 tps (close partially or moving sl right below it...)
very strong rejection, probably a div (can't be sure)...but I don't this very consolidate market after first tp - price can be crazy there...Ignored
DislikedAs they have already told its a choppy market , remember , Even the minor levels may reverse your trade upon you ... You have only drawn major levels ... There are few minor levels that may be used to manage the trade ...
Chart below shows green zones which might seem minor but I learned the hard way that in certain situations , its not good to ignore them ... Plus moving to BE at fta in choppy market and saving your self is also a must ... Other then that , I think you have got it right ... Have I got it right?
Edit : One more thing ....Ignored
g.
I believe . . .