Wanted to share with you guys some opportunities on this pair that are on my radar.
Pair is in bullish trend on my trading timeframe and have a couple opportunities I'm looking to get involved with :
1 : When move up will be finished (might be the case already and we'll start seeing the pullback), I will be looking for a pullback in my kill/alert zone (the purple rectangle) to get involved IF I get a HigherHighHigherClose candle or a pinbar candle IN the purple zone. IF I get filled THEN I will be looking for T1 at the retest of the highs (highest close before the pullback) and will let it run on T2 (trailing stop)
2 : IF I don't get what I need in the purple zone THEN there is another opportunity with a bullish Cypher slightly under the purple zone. Since I don't use Cyphers as entry technique on Trend continuation/Following trade, I will have conventional targets on the Cypher.
Now it's all about sitting on my hands and waiting to get my rules met to get involved !
Pair is in bullish trend on my trading timeframe and have a couple opportunities I'm looking to get involved with :
1 : When move up will be finished (might be the case already and we'll start seeing the pullback), I will be looking for a pullback in my kill/alert zone (the purple rectangle) to get involved IF I get a HigherHighHigherClose candle or a pinbar candle IN the purple zone. IF I get filled THEN I will be looking for T1 at the retest of the highs (highest close before the pullback) and will let it run on T2 (trailing stop)
2 : IF I don't get what I need in the purple zone THEN there is another opportunity with a bullish Cypher slightly under the purple zone. Since I don't use Cyphers as entry technique on Trend continuation/Following trade, I will have conventional targets on the Cypher.
Now it's all about sitting on my hands and waiting to get my rules met to get involved !
Order cancelled:
Got a NSH after a small pullback.
Scratch and start over !
Scratch and start over !