The price hit exactly the area marked on the chart and we entered a buy position and are over 130 pips in profit. Take the risk free and close part of the position.
Too many ifs here. The trend is up for now as expected BUT I'm a bit cautious when looking at the H4 chart. H4 may turn around into a wave 5. The wave 3 on Friday was a very strong and well developed one.
{quote} Too many ifs here. The trend is up for now as expected BUT I'm a bit cautious when looking at the H4 chart. H4 may turn around into a wave 5. The wave 3 on Friday was a very strong and well developed one.
I'm not going to try anything now; not before a good breakout. A move beyond the doji's high or low might be on. The best option for me will be to wait for US session.
