For this long position I have decided to enter on the retest of the last 4H structure candle before the previous impulse (27th August 2PM BST). My exact entry was 50% of this candle body, while also accounting for the spread. One possible stop loss position would be a few pips below the low of this area, with a possible take profit being equal to the high of the...
For this long position I have decided to enter on the retest of the last 4H structure candle before the previous impulse (27th August 2PM BST). My exact entry was 50% of this candle body, while also accounting for the spread. One possible stop loss position would be a few pips below the low of this area, with a possible take profit being equal to the high of the...
For this long position I have decided to enter on the retest of the last 4H structure candle before the previous impulse (28th August 2PM BST). My exact entry was 50% of this candle body, while also accounting for the spread. One possible stop loss position would be a few pips below the low of this area, with a possible take profit being equal to the high of the...
On the 4H timeframe, price seems to be respecting the previous resistance level around 1.0750 on the 27th April. During the Asia trading session on the 13th April, we can see a strong 4 hourly candle which rose by around 130 pips which is a large bullish movement relative to daily volatility for this pair. This previous resistance level now seems to be acting as...