1. Trade pullback ?
>>> let price get back to POI for entry with sl above POI
(offers good R:R)
>>> follow the lower high lower lows pattern
>>> exit on price switching to higher low
2. Conservative Trade ?
>>> wait for the price to get a DISCOUNTED ZONE
(fib 0.5 from recent swing low to high)
>>> long on swing making higher low and higher high
(avoid entering direct on 0.5 without confluence)
(previous trade got out with small SL, then we saw a parabolic upside this is why sl is important)
>>> let price get back to POI for entry with sl above POI
(offers good R:R)
>>> follow the lower high lower lows pattern
>>> exit on price switching to higher low
2. Conservative Trade ?
>>> wait for the price to get a DISCOUNTED ZONE
(fib 0.5 from recent swing low to high)
>>> long on swing making higher low and higher high
(avoid entering direct on 0.5 without confluence)
(previous trade got out with small SL, then we saw a parabolic upside this is why sl is important)
Trade active:
pullback trade
Comment:
price went up to our POI grabber some liquidity and begin the down side again
Comment:
check for new post about usd jpy both side view