seems we at cross roads,
if breaks the yellow symmetrical triangle for longs, most likely previous highest high, i will be concerned, so best to trim there, then rest at the tp mark.
if goes down, i want to see a close under 15m 200ema. to aggressive swing down.
if breaks the yellow symmetrical triangle for longs, most likely previous highest high, i will be concerned, so best to trim there, then rest at the tp mark.
if goes down, i want to see a close under 15m 200ema. to aggressive swing down.
Comment:
so with this we can roughly tell what can happen and time it will happen. likely slightly after UK opening we will have a move. and they will determine up or down.
Trade active:
first candle under 200ema close, shorted, caught a 104% win