Donajor8

HOW TO TRADE LIKE THEM -TRADE WITH THE BANKS PART2

FX_IDC:GBPCNH   BRITISH POUND / OFFSHORE CHINESE YUAN
Yes from the pervious post I’d explained what is going on here for free cus I want all to win as it’s enough money to change everyone’s life

Now let’s talk about those entries as entries are the hardest.

So ideally we want to see price go back and touch the high please see the first post but we have to be ready for that move to not take place as well. So the more feasible entry is the second method yet tbh that method is playing out currently so I’ll be entering this market for sure ceasing other trades for this home run.

Now I said what to look for on that other post
What we have is that high being a hs pattern as it was made from the high of the market so this validates the pattern. So with these we want to see a retest at the necktie to confirm the downtrend and we have that
Also from that resistance line we have a double top formed years later thus this confirmed the motive to continue it selling so we may not get the sell at the highest but we can get in at this next high and sell here as price will only go lower and by being so high up in the graph we have great confidence that our entry will hold over the years
So as we seen the failure at the hs necktie we wait for the same at the double top necktie n sell this joint

HOW TO TRADE LIKE THEM -
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