The bb is a tool for learning levels...thats all.... for finding a general extreme.
The yellow box is the area of resistance and it was visited at the 1st yellow X already.....then there is a minor area of resistance, drawn by the yellow line.....so when price reached that area...i jumped in short....
as for targets the same thing price went to lower support already from the 1st yellow X trade..so now my target was back to that support area or lower.... when it got there i had made plenty of pips already that day so I closed it.....
hope that helps.
- current_383.png (36.13 KiB) Viewed 362 times
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"