There was a Quarter theory line, a trend line and a pitchfork line in this area. There was also a 61.8 fibo. Price pulled back 6pips before moving up 23 pips. if a 10 pip stop was used it would not have been hit
Comment:
Would have been a failed trade price broke where the sl would have been
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.