If 6:00 candle closes at the trendline and not below it, then bulls are racking up good momentum to shoot up possibly tonight. lets hope for the close to follow through and watch for RSI divergence later tonight if it does so you can get your enteries!
setup: break of corrective structure with lower degree corrective structure in counter-trend direction
entry: failing bear momentum. impulses going nowhere
sz: 0.01_____risk: 13 pips ~ $1.30_________ Rew./R: 8.86/1
tp: 121.878________ entry: 120.700_______ sl: 120.570
setup: break of corrective structure with lower degree corrective structure in counter-trend direction
entry: failing bear momentum. impulses going nowhere
sz: 0.01_____risk: 13 pips ~ $1.30_________ Rew./R: 8.86/1
tp: 121.878________ entry: 120.700_______ sl: 120.570
David K Giraldo
