So this setup seems a bit "safe". Till the end of the month there will be a move either down or up. As indicated in this chart there is a n area for a short trade with possibly around 70 pip drop.
And a long area where I wouldn't trust for 70 pip but a 50 or 40 pip should work.
The stop loss for short 10 pips above the blue dotted line, and the long stop loss 10 pips under the red dotted line.
Proof of market change I use 3 closed candles in 15 minute chart.
I have no degrees nor experience. I publish my ideas only so I can judge my analysis later.
You are responsible of your trades. Read this as is and only for educational purposes.
Waiting the markets to move. Hope I'm not sleeping when it happens.
And a long area where I wouldn't trust for 70 pip but a 50 or 40 pip should work.
The stop loss for short 10 pips above the blue dotted line, and the long stop loss 10 pips under the red dotted line.
Proof of market change I use 3 closed candles in 15 minute chart.
I have no degrees nor experience. I publish my ideas only so I can judge my analysis later.
You are responsible of your trades. Read this as is and only for educational purposes.
Waiting the markets to move. Hope I'm not sleeping when it happens.
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