Here are the few points i am looking for this trade
1. After a double top, price had a massive down wave and we dont see any consolidation (Showing price is ranging in bigger time frame )
2. Ranging market condition Price often stop and keep going the same dirction as it stop (see other JPY pair)
3. Price is doing a break out set up and sitting in a major level
4. My rules are only trade Flag pattern Weakness concolidate / strong break out
5. Great risk and reward
6. We need to see a nice strong momentum break out before entry (Trigger)
1. After a double top, price had a massive down wave and we dont see any consolidation (Showing price is ranging in bigger time frame )
2. Ranging market condition Price often stop and keep going the same dirction as it stop (see other JPY pair)
3. Price is doing a break out set up and sitting in a major level
4. My rules are only trade Flag pattern Weakness concolidate / strong break out
5. Great risk and reward
6. We need to see a nice strong momentum break out before entry (Trigger)
Note
Target hitted
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.