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JasonTerry
Nov 15, 2017 10:28 PM

attempting to simplify 

Euro Fx/Japanese YenFXCM

Description

through some testing I'm trying to attempt to limit my tools and try something basic like supports/trend bounces in a Particular 4h and daily sideways structure showing downside in a correction

Confluence

- Daily and 4 hour show Range bound/ basic support and resistance
- Direction of move is clear
- Trading the bounce of trend line down and will reevaluate proper risk reward at that moment.
- 2/1 for higher odds. possible second TP at the bottom for a 3/1 partial contract/lot

Comments
IvanArielRocha
The trend line is nothing relevant, the important are the resistance and support
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