Forex Trading 2018- TA/FA- Setups and discussion, page-3147

  1. 8,420 Posts.
    lightbulb Created with Sketch. 59
    That's a very good saying Rick. In this ever-increasing world of instant gratification and impatience, something to bear in mind as we work towards our objectives.

    I though I would post an update on that UJ H12 chart I posted last week. That bearish engulfing bar I highlighted didn't form the turn-around, however as it turns out that bar that broke out to the upside turned out to be a fakeout bar which did form the beginning of a reversal. This weekend the UJ has found itself again at another congestion zone and reacted by establishing a classic double inside bar indecision formation:

    2018-05-27 UJ H12.png

    Cheers, Sharks
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.