dojirock wrote:Perfect BB. When I see setups like that then I look for a confirmation next. Your analysis is correct.
I have attached mine below.
Doji - on that basis why wouldn't you be looking for a short at the upper one?
onontsira wrote:dojirock wrote:And last..... I would be still long....why go short? lol
As you present it, it seems that you don't even look at M60 for your analysis, at least in this case, and trade from M15 with confirmation on M5. Is that correct?