EURUSD SIDEWAY MARKET WHAT TO DO?

SIDEWAY MARKET
Break UP 1.1050 we buy the pull back

Break Down 1.0960 we sell the pull back

Simple but need patience

تعليق:

already break up. wait for pull back and enter

تم فتح الصفقة:

Enter Long at 1.1055
SL: 1.1040
TP: 1.1200

أغلقت الصفقة: تم الوصول لوقف الخسارة:

HIT SL @ 1.1040, which means it is not a valid break out.
Exit and observe first

تعليق:

Now it break down. wait for pull back and find shorting opportunity.
It is important we stopped the long trade since it is a fals break out

تم فتح الصفقة:

The pull back completed at exactly the previous support
1.0957
Enter a short at 1.0955