HOW TO TRADE LIKE THEM GBPCNH (TRADE OF THE QUARTER) CONT daily
Rejection on higher time frame left a daily triple top into a ranging rectangle pattern with a fake breakout at the high
That is rejected by the daily applied moving averages 50 100 and 200.
And a rejection of a pivot point (red line) back into the range.
Rectangle pattern with measured moves as price goes in and out the range in same direction
Bearish trendline formed out the range
How to trade to max size wait to price to retest range area with failure
Tips no matter the set only actually enter the market when price fails in the opposite direction in which you intend to enter in
HOW TO TRADE LIKE THEM-
That is rejected by the daily applied moving averages 50 100 and 200.
And a rejection of a pivot point (red line) back into the range.
Rectangle pattern with measured moves as price goes in and out the range in same direction
Bearish trendline formed out the range
How to trade to max size wait to price to retest range area with failure
Tips no matter the set only actually enter the market when price fails in the opposite direction in which you intend to enter in
HOW TO TRADE LIKE THEM-