My undereducated guess tells me price could push up a bit more and reach (or quickly tag) the zone or areas near the first entry I put. Again, those are short sales.
I also keep an eye for the second entry above.
In my case this means I might take a position at entry one with zero care for candle patterns or rejection confirmation.
Then take another shot above if price reaches the second level up.
If price goes even higher, then I will also use a mitigation trade with a second account with the same broker.
I am just a fisherman putting my net in some plausible spot while holding a 12 gauge in case I catch the off croc in my fishnet.
I also keep an eye for the second entry above.
In my case this means I might take a position at entry one with zero care for candle patterns or rejection confirmation.
Then take another shot above if price reaches the second level up.
If price goes even higher, then I will also use a mitigation trade with a second account with the same broker.
I am just a fisherman putting my net in some plausible spot while holding a 12 gauge in case I catch the off croc in my fishnet.
Comment:
Nice drop on this one. The diagonal was the one that worked. I missed this one but I am in another good one with NZDJPY short.
