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Hey guys. I'm just curious.
I'd like to know how you trade.
I just take a trade without s/l, t/p.
I think without retesting, you will get trouble if you go long~ position.
but...it still makes profits....
Because we rarely have a chance to see the retest...(which I guess...)
If you take a trade when the line broken, it is easy to get 10-20pips.
What do you think guys?
Hi guys. this is EU H1 trend line broken.
I was a bit late to take a trade so I just waited til PA went back a little up.
and I took a trade getting 10pips. (it was successful)
EU daily :
EW wave (redline) - wave 1 and 2 already performed, now is in progress of wave 3
candle (yellow rectangle) - last candle showing the power of buyer
Can GU h1 maintain the prive level above the redline?
uchf : weekly chart showing posible support TL
uj :
weekly DOJi candle
h4 resistance TL
ej daily triangle
gj breakup or goes down?
h1 on gu eu uchf
Will the TL hold?
Workout perfectly.
weekly candle not yet closed. but worth a look