This was a great example of how using multiple confulces in alignment with a solid risk management plan can make you absolute bank.
Confluences for this trade include the 61.8% retracement zone, the approaching of the ascending lower trendline , and the key level that the pair was trading at.
Signs of rejections also on the 15min timeframe just during executions were also a major factor that attributed to this trade.
Confluences for this trade include the 61.8% retracement zone, the approaching of the ascending lower trendline , and the key level that the pair was trading at.
Signs of rejections also on the 15min timeframe just during executions were also a major factor that attributed to this trade.
