Traders,
On the daily chart, we can see what other traders called same movement or AB=CD is about to happen.
But according to our strategy, its simple that channel reflection is about to appear by hitting the blue channel.
Nothing fancy but just a basic channel ABC strategy on daily chart to see a direction, then check with 4h chart or 1h chart to find the entry and tps.
Less is more!
On the daily chart, we can see what other traders called same movement or AB=CD is about to happen.
But according to our strategy, its simple that channel reflection is about to appear by hitting the blue channel.
Nothing fancy but just a basic channel ABC strategy on daily chart to see a direction, then check with 4h chart or 1h chart to find the entry and tps.
Less is more!
Comment:
the best entry to long trade was on last Friday.
Comment:
Comment:
On this 4H chart above, EJ has a double top and rehit the ascending channel by several red candles.
This is a sign for short trade.
Short it for possibility of 300 pips from 123.99-121.
This is a sign for short trade.
Short it for possibility of 300 pips from 123.99-121.
Trade active:
short trade entered 125.2
Comment:
