Another trade signal.
What do we see here? A strong intraday bullish candle after a bearish signal.
I could interpret the bearish signal to be a retracement to the support zone, which held on strong. The strong bullish H4 candle confirms continuation of the bullish trend.
We place buy stops above the bullish H4 candle and stop loss a few pips below the candle and wait.
Success in your trading.
What do we see here? A strong intraday bullish candle after a bearish signal.
I could interpret the bearish signal to be a retracement to the support zone, which held on strong. The strong bullish H4 candle confirms continuation of the bullish trend.
We place buy stops above the bullish H4 candle and stop loss a few pips below the candle and wait.
Success in your trading.
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