either hitting 4hr trendline or daily before bouncing up again. only entering on confirmations
waiting for price action to play out and retest trendline before entry
Will be increased volatility due to brexit. long term - long short term - short
Entry based upon hw price action plays out... no guessing
AUDUNZD: - price broke through channel and retested - if price breaks yellow zone- expecting a retest - then looking for price action confirmation (e.g. bearish engulfing candle) before entering short
Follow the arrows :) (only entering if current 4hr candle closes as bearish engulfing)
Before entering: - waiting for a push to break the 4hr zone - waiting for exhaustion - looking for price action confirmation (e.g. bullish engulfing candle) to close on 4hr tf before entering long -