Spring backtest at a possible accumulation zone and local level of support. Two take profits in place and a clear stop loss below the low of the spring.
The spring is the failed breakdown at a key level and the backtest is the holding of that level as support after the spring. A great recognisable pattern in TA that gives us a set up like this
The spring is the failed breakdown at a key level and the backtest is the holding of that level as support after the spring. A great recognisable pattern in TA that gives us a set up like this
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Got out of this trade roughly at break even. DXY looking to go to the next level it seems after the bullish engulfing candle
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TP SMASHED