We have constant bounces of price outside of the moving averages showing overextension. As moving averages got closer to the bollinger band, they finally closed outside of it after one more EXTENSION of price. After price was overextended, it started to climb outside of this erection. Retested it one more time before actually printing a bear. "This is what we like to call in the business, the money shot"-James Franco, The Interview. Please dont listen to me, I am a lose money forex trader. #bigballsfx #bbfx
Trade closed: stop reached
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Think I caught this bad boy too early, you ain't gonna win them all.
Mistakes made-putting stoploss at break even when 20 pips in profit.