The Trade

This is the trade.

You are in a shape until the low stays untouched.

In 16-18 hours the highest point printed would be your entry. You want to do this to avoid a drawdown, to put up size.

Your target would be 125 pips to 145 pips (based on stats) from the low, 1.0935+

The sliding white line with the arrows is to help you understand that resistance can be dynamic, measured from a 10-sample hourly low in pips. The fact that there are two cross downs – I start the count after the first one.

…19th hour