Hi Tom, I have the same thought regarding it, .. your setup is very nice!
How do you confirm the reversal? - "price action" Candles or some Moving Average ou ADX indicators? Thanks pal!
UnknownUnicorn180388
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@Leinvestment, Thanks very much.
All of the above, from Fibonacci, RSI, EMA, reversal candles, S&R ect
kakkar
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see if you believe someone you have to faith on him ...i have faith...i believe his trade also...use your mind also...
UnknownUnicorn180388
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@kakkar, Appreciate it mate, hope all is well your end.
moneymoves
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Im trying to understand if I'm reading this analysis correctly ...sell entry would be 1.5060 with the take profit being 1.4937... is that correct? or am I reading this wrong.. sorry new to trading just learning
That's correct, the area of where i am looking to short is at 1.5060 however please note just because the D leg completes does not always mean there will be an entry.
How do you confirm the reversal? - "price action" Candles or some Moving Average ou ADX indicators? Thanks pal!