Yesterday was tricky but an experience to share. The BE is one of the conservative but beneficial aspect of safe trading. My both entries of buy 1917 and sell 1919 hit BE and the equity was saved. When market is choppy and keeps on backfire, BE technique is the best strategy to adopt. Today MRS is at 1927-29 between 78.6% - 100.0% level and MRB only on return from 1915 0.0% level. There is also a HRB at 61.8% 1923 but I will not pick any entry in the middle SNR. Only extreme top and bottom should be observed for trading today. Do not forget that today is FRIDAY. The game changer day we call. No entry is also an entry. It is not mandatory to enter into market on daily basis. Just a random chart pattern picked from H4 time frame. Trade safe.
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I can't upload picture here but there is a BEARISH SYMMETRICAL TRIANGLE pattern in this diagram. I think bearish movement will prevail. A break of 1918-23 range SNR
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TP HIT FROM 26.91 TO 21.91
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21 PICKED
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21 BUY IS ON BE NOW
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TP HIT 21 TO 26