Just look at this risk to reward. Isn't the setup worth trying?

2 thg 10, 2015

hey, traders. Look at the piscture. We had two impulses in one direction separated by correction which is the definition of a trend. Then the trend was stopped by a new structure high. After that we had two impulses in one direction separated by correction again. We know that usual trend's length (until it stops by nsh/nsl) is two impulses. So I don't expect to get extended move here. Just a retest of lows. Stop is above X. Cheers.