Donajor8

HOW TO TRADE LIKE THEM KNOWING WHEN ITS TIME TO RUN

OANDA:GBPZAR   GBP/ZAR
Ok so I’d been in this trade and I did a recent post on it.

As I’m watching it now I think it’s time to tp as this maybe a losing trade at this level if you decided to get in from my post.

So price is currently in a range and it is doing what I call fanning out.
It when price channels not making no movements and it usually indicates lack of interest in the current direction of the fanning so this case it’s fanning down.

Now looking at the highs n lows we can see there isn’t no new highs but lower highs and no lower lows but we have a high tail on h1. But price isn’t dropping 🤔 and each time we hit a low price goes back up into the highs this doesn’t shows weakness. Now a bounce midway yes but not up to the high.

So do I exit now?
No I’m waiting for more indication at the low
As if price stalls there
start moving sideways
Or start moving up and then down in an arc like manner like a reverse letter c at the low is a reversal signal.

It’s the small things price do or don’t do as trader we have to be able to pick up on..

HOW TO TRADE LIKE THEM-
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