3 Drive At Previous High Resistance
This trade is setting up with "the look" that is usually
important for a 3 drive harmonics/symmetry.
The only problem is the length of the 1st
2 drives @ about 300 pips or so, places the 3rd drive
about 40/50 pips above the 1.272 entry and previous
high on the Daily chart. Seems inevitable that the high
will be tested. Perhaps the candlesticks w/rsi will yield
the entry and some smart stops
important for a 3 drive harmonics/symmetry.
The only problem is the length of the 1st
2 drives @ about 300 pips or so, places the 3rd drive
about 40/50 pips above the 1.272 entry and previous
high on the Daily chart. Seems inevitable that the high
will be tested. Perhaps the candlesticks w/rsi will yield
the entry and some smart stops
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