tntsunrise

EURUSD SIDEWAY MARKET WHAT TO DO?

tntsunrise Updated   
FX:EURUSD   Euro / U.S. Dollar
91
SIDEWAY MARKET
Break UP 1.1050 we buy the pull back

Break Down 1.0960 we sell the pull back

Simple but need patience
Comment:
already break up. wait for pull back and enter
Trade active:
Enter Long at 1.1055
SL: 1.1040
TP: 1.1200
Trade closed: stop reached:
HIT SL @ 1.1040, which means it is not a valid break out.
Exit and observe first
Comment:
Now it break down. wait for pull back and find shorting opportunity.
It is important we stopped the long trade since it is a fals break out
Trade active:
The pull back completed at exactly the previous support
1.0957
Enter a short at 1.0955

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