Re: Trading Pullbacks System

592
Meyney wrote: Fri Apr 23, 2021 4:52 pm 4H is clearly up as the template shows. So for a short you have to switch to a lower tf for a decent short setup.
H4: It is - in a manner of speaking - but if you draw a trendline touching the last highs you find that there is a series of lower highs.
(One could even venture to say that the last lower low took out the lower low before it - just about.
That's one reason why I don't think this really is an SHS-formation - which doesn't mean it won't go down.
But it could also break out to the upside.
Time will tell.)


Re: Trading Pullbacks System

596
Mustafa wrote: Fri Apr 23, 2021 9:32 pm Have been quite erratic in trading GBPCAD.... The moves are largely out of proportion but still keeping the head clear gives opportunity to gather some pips...
yes........... agree GBPCAD is strange atm thx for post ur chart :clap: :clap: :clap:
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