But now that all that is done, what do I see for this pair ahead? Remember, I'm telling you this now so you have no excuse that you didn't know! I had identified a Bat and a when the retracement got underway. They both got filled today. And that is the reasons why I had set my TP for the LONG trade where I did. But now that they are both completed, we should see profit out of both in the form of a drop back to the TP1 of both patterns. But this ISN'T the right time to be selling unless you are after small pips. No. I am projecting that this correction is not yet done with the completion of these patterns and that prices still will be heading higher as you see on my chart.
After it does that, then we will have a proper price action SELL setup. And the next move back down is a resumption of the larger down trend and that can give us another HUGE payday! Want more info on how you can pick up pips like I do? PM me!
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