Price has reached a key level area and the nature of the approach is too corrective.
Its has formed a falling wedge pattern.
Placed a buy stop order following a Bullish engulfing candle.
This is a Risk Entry therefore the risk is low and the reward is higher. But since its a risk entry there are chances for being tagged in and out.
As long as the pattern and structure do not change i will still look to enter it over and over.
Its has formed a falling wedge pattern.
Placed a buy stop order following a Bullish engulfing candle.
This is a Risk Entry therefore the risk is low and the reward is higher. But since its a risk entry there are chances for being tagged in and out.
As long as the pattern and structure do not change i will still look to enter it over and over.
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Will re-adjust my entries