EURUSD break the range area and about to go north. My system shows that this pair is going to test the RBS (blue line) before headed north again.
My entry rule is simple:
- Wait for daily close
- There is reversal candle that close above the RBS line. Preferably bullish pin bar or bullish engulfing candle. No reversal candle --> No trade.
My entry rule is simple:
- Wait for daily close
- There is reversal candle that close above the RBS line. Preferably bullish pin bar or bullish engulfing candle. No reversal candle --> No trade.
Order cancelled:
No enough rejection from below, and daily candle close below blue line. Setup invalid.