0ne must observe the higher time-frames. This will give you an estimate of how far down the pullback should go. And 0nce you see that Big Green Bar appear, preferably on the 15 and 1 hr., it's time to get back in if your out like myself. I took profit and am not awaiting yet, another nice entry ;)
Updates coming soon...
So I re-entered but was not patient enough to wait for a better entry. I was caught up making music & did not hear my price alarm go off. By the time I checked, price was around 111.37 & so I entered @111.327 now with a TARGET firstname.lastname@example.org.. Something told me to re-enter@111 earlier but it was a hard call!
Let's see where this takes me 0r us now lol
Updates 0n the way....
You need to learn how to analyse both candlesticks to have an advantage ;)
Well, I'm still in the trade and it's going well. Hopefully it hits 111.527 and then I will see where to enter yet again 2mrw morning. It's going to be a BIG day 2mrw with BOJ news taking place late in the day. And we have early U.S. news(mortage apps).