Patience is psychology. Zones are set, but price action determines trades. +200 pinched pips(pp) and rising
Patience is psychology. Zones are set, but price action determines trades.
Pinched +25 pips in Week 28. Looking back, we can see where price broke a swing zone but failed to continue, retracing back for what was suppose to be a huge swing to the down side. Lessons learnt, new week new zones set.
Week 27 saw a good bounce on calculated levels for Pinchpips of +142pips. Week 28 levels are set as indicated: looking for bounce on the 5mins chart SL remains at 10-15 pips.
Looking at the Weekly TF, 2 zones and values are identified as SR areas PC_Purple Candle GC_Grey Candle SL_Stoploss iTP_Initial Take profit TPf_Final Take profit