Running waves on gbpchf, if price tests 38.2-50%, looking strong bullish run. Wait until pullback is available.
Even in a consolidation, there's always a trend and within a trend, there's a trend. Lower timeframe bangs entries.
TP: 1.27882
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(For my journal) Wait for candle to close and expect that as candlesticks get smaller approaching a zone and we start to see longer wicks, now we can sense a reversal of price approaching.
Plus price has testes that rectangular resistance before and even after in the future as price plays out, that resistance was a key area.