Look for a strong break below the trend line
Trade closed manually:
Not getting a breakout. price action came very close to SL. Will close trade and look for another opportunity.
Comment:
As anticipated a strong pull back to the 4 hr trend line occurred.
Look for a break of the 1 hour trend line with a small correction for further down.
A break and close above the blue line will indicate the down move is over and we are starting a larger correction.
Look for a break of the 1 hour trend line with a small correction for further down.
A break and close above the blue line will indicate the down move is over and we are starting a larger correction.
Comment:
very tight SL for small downside big upside.
SL 1.13256