Classic example today of that trendette break setup I described on Saturday:
In this case the H12 chart on the EJ showed a possible trendette break this morning of 5.1 pips (see circled)
A look at the M5 chart shows a little fakeout bar with no subsequent bar closing below its low, followed by a break of its high:
A good risk:reward of 4.2 x on this one.
Cheers, Sharks
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Forex Trading 2018- TA/FA- Setups and discussion, page-4932
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