looking at this with a trader's eye. i can see that the market has been trading within a small region
should thee market hit the roof of the region again, it looks like it is the last time it will do so after coming from bottom
i expect a shorting trade to close below the support of this region the market has been trading within
this is the e or the fifth bounce if market follows the consolidating 5 points before continuation of trend or reversal
good bat
good entry
good risk to reward ratio
good luck
Comments
JulianMcKay
⋅
Nice Trade!
Afterstar
⋅
I have the same setup, entry missed by a few pips. Now we have to wait again. :/
chrystael
⋅
yea you gotta wait.
but from experience, once it hits the 88.6%, i trade manually without making an order
that is it. it may not go back to the point. it is usually painful when after a time taken analysis and you dont benefit from it while it goes your way
take heart.
i just shared something very professional and great with you
try it usually and give me a wine from the money you make from it