Here is the plan...
1. Wait for price to enter the red triangle
2. Find a sell signal down
3. SL just above the last high that will form just before your signal
4. If the trade fails, try again unless we close above the CL line
5. TP as shown
Don't rush
Good luck
1. Wait for price to enter the red triangle
2. Find a sell signal down
3. SL just above the last high that will form just before your signal
4. If the trade fails, try again unless we close above the CL line
5. TP as shown
Don't rush
Good luck
Comment:
Now inside the triangle
Comment:
Now aggressively hunting a sell entry...
Comment:
Due to FOMC, give your SL a bit of leeway incase of spikes or better yet, exit and re-enter live
This trade might do well in FOMC
Good luck
This trade might do well in FOMC
Good luck
Comment:
The longer this takes and the more our triangle gets filled with candles, the stronger the coming move will be .. So please be patient and get ready
Comment:
Still hunting..
We are still waiting for an entry...
We are still waiting for an entry...
Comment:
We now have a TK cross to the down side and a pullback. Maybe a good entry point!!
If you like, you can go down to a lower timeframe to search for your signal