I have laid it out in the video - this pair is a personal favorite.
We can see:
- price action in a significant area
- a 2:1 asymmetrical setup
- allowed price to enter that sweet 50% Fib level on a pullback.
- other indicators showing over-bought and that "breadth of market" slowing.
1% risked - good luck out there.
We can see:
- price action in a significant area
- a 2:1 asymmetrical setup
- allowed price to enter that sweet 50% Fib level on a pullback.
- other indicators showing over-bought and that "breadth of market" slowing.
1% risked - good luck out there.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.