I had shorted this pair as it broke down out of the channel. But closed that trade and have re-entered long after the 4h candle closed within the channel again and broke above the down trend line.
I wouldn't say this is a safe trade. But it is still worth taking in my book. Great R:R ratio.
Ever loser is an opportunity to win in the opposite direction ;)
Red arrow does not predict exact price or time. Only direction to make the chart look simple... My live charts are always clogged up with lines of all different colors and sizes that I have to delete before publishing because it's too messy.. haha. Red arrows will do.
I wouldn't say this is a safe trade. But it is still worth taking in my book. Great R:R ratio.
Ever loser is an opportunity to win in the opposite direction ;)
Red arrow does not predict exact price or time. Only direction to make the chart look simple... My live charts are always clogged up with lines of all different colors and sizes that I have to delete before publishing because it's too messy.. haha. Red arrows will do.
