Hi Boss
I look at the Charts for Weekly Direction as a guide but then study the recent Bars.
There was a large wide ranging bar 5 days ago which will almost always form into a master bar which means consolidation.
Now there's a Master Bar set up so I would wait to price breaks this box but I would prefer the move to be a Sell.
Therefore if I was in trade - If your buying, place stop loss below bottom of lowest Bar.
If your Selling, place stop loss above box.
Good luck
note - bottom line should read "closed within box"
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- Forex Trading 2018- TA/FA- Setups and discussion
Hi Boss I look at the Charts for Weekly Direction as a guide but...
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