For my previous post and context see link below:
I still count the move on the daily time frame as a triangle consolidation. I'm therefore looking for a reversal on lower time frames until proven otherwise which will result in me adjusting to the market.
Short term we see a minor impulse and my pending buy was missed by a few pips. That's part of trading and doesn't matter since the best and safest trade has yet to come.
If we see a consolidation for this minor impulse I will buy the continuation with stop loss below the consolidation. If it reverses we are not in the trade and simply wait for the next set-up.
Updates will follow.
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Updates will follow