1. Price come to H4 resistance. 2. On H4 my bias is go short. 3. On M15 timeframe I would like the see couple of more candles spike out 4. I will then put SELL STOP below the H4 resistance stoplose about the resistance to capture downward momentum This trade will have only 5pips stop and 15 pips target, will go breakeven when price move down 5pips and let the rest run.
Note
Waiting... and waiting.. and waiting.. give me a push!
Trade active
Alarm triggered, spike on M5 sell STOP placed and kick in:
Note
M5 view: strong rejection, bull try to push back up but having trouble, will see! anything will happen. All I want to get into a breakeven trade and let it payout.
Trade closed manually
looks like more bull pressure close @0.95396 with small lose and cost
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