H1:
- Sideways
- Waiting test support: BUY
- Sideways
- Waiting test support: BUY
Order cancelled
Comment:
Waited for a good set-up with confirmation but the confirmation is below the expected set-up zone so the ideas are cancelled to wait for another better chance
Comment:
This is example of being patient for price showing reacting at the expected zone from your plan. Don't so eager to get into a trade if things are not what we planned on how price will react around the zone that you plan to fight at.
In this case price closed below important support that initially hinted us a sideways trading. So the right way is to abort the sideways plan and wait for another better set-up
In this case price closed below important support that initially hinted us a sideways trading. So the right way is to abort the sideways plan and wait for another better set-up
Comment:
People can switch and wait together for EURUSD at this new setup