Trade Closed with +445 pips of profit ~17 pips before to reach the take profit that I have set long-time ago. The price could bounce back again before to drop down more marking a new low.
Note: this time I didn't want to wait for another bounce back, then the profit was good but not the best possible in this trading scenario.
It was a convergence. The price converged to an old and strong level, then I sold and I waited patiently.
Near
⋅
Oh I see, thanks for responding. I'm learning not to wait for a typical confirmation signal like a Pinbar or something so it's good to know.
girolamoaloe
⋅
Hi. it is not so easy as it seems.
Many times the price take out the level. the chart shows that the price took out the lower level before to find an opposition to the higher level.
Anyway, you can join to my facebook group: facebook.com/groups/324155984277665/ There I share many things day by day and I make webinars every 2 weeks in general.