CONFLUENCE IS
FIB CHARTS 88.60%
IN A OFFICAL UP TREND DAILEY AND EVEN 4 HOURLY
ADX AND DI IS SAYING ITS IN A VALID DOWN TREND SO WOULD BE GOOD TO SEE HOW THAT INDICATOR PLAYS OUT
HIGHER TIME FRAME IS GOOD
SURPORT AND RESISTANCE LEVLS SIT GOOD
DXY IS LOOKING FOR A PULL BACK SHOULD IT BREAK THROUGH BULLISH ! OBVIOUSLY THIS PAIR WILL BREAK THROUGH BEARISH ! STOP LOSS IS MARKED AT 1.31051
LOWER TIME FRAME HASNT BROKE STRUCTURE YET I REALLY COULD OF WAITED IT OUT TO SEE IF 15MINS BROKE THE LOWER LOW IN THE SMALL PULL BACK THAT IS A DOWN TREND ON THE SMALLER TIME FRAME THIS COULD BE DUE TO BEING INPATIENT AND TRIGGER FINGER HAPPY BUT CONFLENCE IS THERE AND I THOUGHT WHY NOT
I AM GOING TO TRY AND HOLD MY TADE TILL THE END OF TARGET 3 BUT WILL MOVE MY STOP LOSSES UP TO BREAK EVEN AND TO HIT MY TAKE PROFITS SO I CAN ALWAYS BE SAFE
FIB CHARTS 88.60%
IN A OFFICAL UP TREND DAILEY AND EVEN 4 HOURLY
ADX AND DI IS SAYING ITS IN A VALID DOWN TREND SO WOULD BE GOOD TO SEE HOW THAT INDICATOR PLAYS OUT
HIGHER TIME FRAME IS GOOD
SURPORT AND RESISTANCE LEVLS SIT GOOD
DXY IS LOOKING FOR A PULL BACK SHOULD IT BREAK THROUGH BULLISH ! OBVIOUSLY THIS PAIR WILL BREAK THROUGH BEARISH ! STOP LOSS IS MARKED AT 1.31051
LOWER TIME FRAME HASNT BROKE STRUCTURE YET I REALLY COULD OF WAITED IT OUT TO SEE IF 15MINS BROKE THE LOWER LOW IN THE SMALL PULL BACK THAT IS A DOWN TREND ON THE SMALLER TIME FRAME THIS COULD BE DUE TO BEING INPATIENT AND TRIGGER FINGER HAPPY BUT CONFLENCE IS THERE AND I THOUGHT WHY NOT
I AM GOING TO TRY AND HOLD MY TADE TILL THE END OF TARGET 3 BUT WILL MOVE MY STOP LOSSES UP TO BREAK EVEN AND TO HIT MY TAKE PROFITS SO I CAN ALWAYS BE SAFE