in what looks like a dicey setup, we still expect price to drop further.
line Y may be retested. and as such, one must be careful on when to take position in order not to risk too much.
Hello traders and analysts,
Here is a quick trade currently in play.
What is price showing us?
A discount from the high has been offered by the market - with the 0.705 Fibonacci respected.
It is important here to not - the price has broken from the rejection to fill more orders from this hourly offering candle.
Using the 4 hour - price has had a nice clean...
Setup chart with -
Volume,
Pivot standard,
Sessions on chart.
Step #1: Trade only at the London open or the 8:00 AM GMT.
Note* We’re going to use the 15-minutes time frame and trade based off of the daily pivot points.
Step #2: Buy at the market if after the first 15-Minutes we’re trading above the Central Pivot Point.
Important Note * If after the first...
