There’s no better time to post this educational article than right now. Despite constantly reminding myself to "trade what you see, not what you think or hope," two days ago I did the exact opposite. I ignored a clear double Pin Bar formation at a support level, which resulted in me taking a stop loss.
Ironically, I knew better.
But, as the saying goes, "Do as...
This pair has been sat in some serious corrective price action. i'm hoping we can see a break next week. Which way do i think its likely to break?
Probably up, but i'm also very aware that if the bears muster the strength to break that 1.180 area, then we also have a double top that could be good to trade to the bottom of that correction.
Targets for the...