richbautista30
Long

Only a real man buys a RED candle, are you...

FX:GBPUSD   British Pound/U.S. Dollar
134 1 1
break above the pink PRZ is most likely due to the range of the market and the trend, supported by the previews over sold RSI . Harmonics also suggest the move upward making higher high. Structure is also found on the orange PRZ hence the market would need a lot of strength to break below it.

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Was wondering what harmonics you are referring too that would suggest
a higher high ?
You're right, though, it probably does take a "real man"
to enter long on a red candle in the middle of structure.
I am sure, however, that it takes a smart man to know when he's wrong
and post the stops for such an aggressive trade.
Wishing you lots of pips in 2014 !!!!!
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