Market is in a bull direction,
The market had strong volume to the upside
The DXY was breaking downward as well.
The market pullback to the 38% from the last swing low.
Usually when there is heavy volume the market makes minor pullback until it make the strong pullback 61-100%.
Got a shift in momentum which was our buy signal.
In a B setup like this RR would be lower, like 1:2
The market had strong volume to the upside
The DXY was breaking downward as well.
The market pullback to the 38% from the last swing low.
Usually when there is heavy volume the market makes minor pullback until it make the strong pullback 61-100%.
Got a shift in momentum which was our buy signal.
In a B setup like this RR would be lower, like 1:2