FCPO 9 Sept 2021 : Price back in range
1. Yesterday's price was able to break the significant resistance.
2. Price in the previous range zone from 4413~4560 (134 tick range)
Strategy :
1. Wait for price pullback at the potential support area.
2. Look for bullish reversal CS pattern at 15min TF.
3. Entry confirmation at 5min TF when there is morning star/hammer/Bullish engulfing pattern.
4. Limit order at 5min TF base on interesting risk and reward ratio.
2. Price in the previous range zone from 4413~4560 (134 tick range)
Strategy :
1. Wait for price pullback at the potential support area.
2. Look for bullish reversal CS pattern at 15min TF.
3. Entry confirmation at 5min TF when there is morning star/hammer/Bullish engulfing pattern.
4. Limit order at 5min TF base on interesting risk and reward ratio.
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