entry I took this morning with trade plan and thought behind this. The move was prior to the London Open
Cons:
Was clear downtrend in progress.
Could easily be wicked out
Pros:
Buying from a Daily congested zone.
Getting to the second breakout attempt is 10 pips on 5 min entry.
Going above the 2nd breakout zone would reveres structure on the smaller TF
Cons:
Was clear downtrend in progress.
Could easily be wicked out
Pros:
Buying from a Daily congested zone.
Getting to the second breakout attempt is 10 pips on 5 min entry.
Going above the 2nd breakout zone would reveres structure on the smaller TF