in what looks like a dicey setup, we still expect price to drop further. line Y may be retested. and as such, one must be careful on when to take position in order not to risk too much.
Hello traders and analysts, Here is a quick trade currently in play. What is price showing us? A discount from the high has been offered by the market - with the 0.705 Fibonacci respected. It is important here to not - the price has broken from the rejection to fill more orders from this hourly offering candle. Using the 4 hour - price has had a nice clean...
Setup chart with - Volume, Pivot standard, Sessions on chart. Step #1: Trade only at the London open or the 8:00 AM GMT. Note* We’re going to use the 15-minutes time frame and trade based off of the daily pivot points. Step #2: Buy at the market if after the first 15-Minutes we’re trading above the Central Pivot Point. Important Note * If after the first...