We can see that a Doji formed at the top of an uptrend ( purple circle ) This is a lovely reversal signal as the candle that was formed after it confirmed this for us ( bearish candle )
For the last 2 days price has been moving sideways in our zone.
We are in this trade again, after previously getting stopped out by a very tight SL, We put a tight SL as we are sure price is going to sink... SL been hit is not a problem as it was a small loss and we have entered again.
A breakout of our zone ( blue box ) is what we are waiting for, following this we will see a price drop.... so come along and enjoy the ride ;p
For the last 2 days price has been moving sideways in our zone.
We are in this trade again, after previously getting stopped out by a very tight SL, We put a tight SL as we are sure price is going to sink... SL been hit is not a problem as it was a small loss and we have entered again.
A breakout of our zone ( blue box ) is what we are waiting for, following this we will see a price drop.... so come along and enjoy the ride ;p
Comment:
TP1 TP2 and TP3 all HIT