follow-up from previous post
1. I didn't go for more pips because price has a tendancy of starting to going sideways or bouncing in this area (pink line). So I simply take my profit at this point and wait for the market to show me that it will break this point before proceeding
1. I didn't go for more pips because price has a tendancy of starting to going sideways or bouncing in this area (pink line). So I simply take my profit at this point and wait for the market to show me that it will break this point before proceeding
Comment:
-As you can see the yellow trend line shows the market is trying to push up with the higher higher.
-The market is still to make a higher low (ranging on yellow indecision line) which gives me more confidence in the trade.