Trend could snap at any point. Till then, follow rules and SHORT till its not.
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Note
TARGET HITNote
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Forgot the most important pictures of all.
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And this was a picture right before my 2 pip stop entry. this really explain why I took it. Using PURE PRICE ACTION!.
The candle posted 2 ticks lower then the previous low. Which means to me its a Lower Low.
Lower Lows and Lower Highs = DOWN TREND. = short like a truck with tiny stops.
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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.