EURUSD
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Bear trap explained technically.
-Weekly candle wicked down to form up
-Daily closed at zone, clear indication of zone respect
-4 Hour respected the retest after a fakeout, this is big + clear upside range
-1 hour is a fractal view
-30m third touches are bread and butter
-5 minute third touches are the last, best, quick, low drawdown entry
If it happens once its ironic
If it happens twice its a coincidence
If it happens three times its a (third touch of trendline) pattern
-Weekly candle wicked down to form up
-Daily closed at zone, clear indication of zone respect
-4 Hour respected the retest after a fakeout, this is big + clear upside range
-1 hour is a fractal view
-30m third touches are bread and butter
-5 minute third touches are the last, best, quick, low drawdown entry
If it happens once its ironic
If it happens twice its a coincidence
If it happens three times its a (third touch of trendline) pattern
Komen
breakeven
Penafian
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