This, to me, is the next possible short scenario now that we've seen yet another fast paced breakout long.
The speed of these moves long makes me doubt that they'll last. I'm still looking short.
I'm looking for price to sit still in this area for the rest of the session for me to consider going short from here.
These breakout patterns are my most accurate setups when all my conditions are met. Right around 80%.
We'll see how things play out.
The speed of these moves long makes me doubt that they'll last. I'm still looking short.
I'm looking for price to sit still in this area for the rest of the session for me to consider going short from here.
These breakout patterns are my most accurate setups when all my conditions are met. Right around 80%.
We'll see how things play out.
Operación activa:
In short!
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If I see a new low, this trade is safe!
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New low! lets see what this trade will payout on Friday!
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Protecting Position! There's a descending wedge on the chart. That's usually a bullish signal. Moving my stop to break even.
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Operación cerrada manualmente:
Took 15 pips, I just want to see how this triangle breaks!
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It broke through the bottom!
Running a 5 pip stop to the same TP as before. Nothing to lose considering the fact that it would really just result in a 10 pip gain from a losing trade. I'll take that risk!
Running a 5 pip stop to the same TP as before. Nothing to lose considering the fact that it would really just result in a 10 pip gain from a losing trade. I'll take that risk!
This is looking like a valid sell