Hi Berserker,
I Agree with your valuable word ...
But still i couldn't match it with your trade..As you told, the pair has been trending down for the past 6 weeks, but currently the pair is right near to Major PPZ zone and BRN 1.05, where lot of Buy orders placed in.
As of my understanding, you see the chart by different angle than others point of view..If you share your knowledge, we ( especially I am) also add one more bullet to our learning list.
Adhav
QuoteDislikedThe PA itself isn't as important when I'm taking a trade compared to what's going on around the trade
I Agree with your valuable word ...
But still i couldn't match it with your trade..As you told, the pair has been trending down for the past 6 weeks, but currently the pair is right near to Major PPZ zone and BRN 1.05, where lot of Buy orders placed in.
As of my understanding, you see the chart by different angle than others point of view..If you share your knowledge, we ( especially I am) also add one more bullet to our learning list.
Adhav