his is a particular type of forecast that we do on the Hourly chart but look for entries on the M15 chart
I call it the Famous Setup ...
So if you wake up tomorrow and see price behave as the ghost feed suggest, i.e. it stays within the boxed sideways range
IT would create an opportunity to go up into the Next WAVE 5 on the M15 chart...
remember if price already moved before Frankfurt open or if it pulls down too much this setup will not be valid.
But this FAMOUS setup allows you to prepare 11 hours ahead of time.
Lets see what happens overnight...
I call it the Famous Setup ...
So if you wake up tomorrow and see price behave as the ghost feed suggest, i.e. it stays within the boxed sideways range
IT would create an opportunity to go up into the Next WAVE 5 on the M15 chart...
remember if price already moved before Frankfurt open or if it pulls down too much this setup will not be valid.
But this FAMOUS setup allows you to prepare 11 hours ahead of time.
Lets see what happens overnight...
