


ThePipReaper
This is a textbook trade, downward channel break and retest!
I am entering a buy, based off daily support level and the recent 1hr channel
Our first trade was perfect, seeing a nice channel and downward resistance forming. Placing a low risk on this one.
This is a price action trade! Channel is broken and we can ride the wave down
We wait for the pullback! A few indicators , even the fib shows this is decent
fib + price action
You know the score, enjoy the profit but use risk management!
Excellent day today, simple is effective.
Unsure of a retest of the channel or a larger channel of itself.
Clear pattern forming. Entry when EMA's Fan out.
A good indication on the ichimoku 1HR combined with heavy support