- Switch to Daily Charts and locate a Range Market
- Draw Resistance/Support lines
- Switch to 4 Hour Charts and observe Price Actions around the zones
Entered another trade tonight, this time using a 4 Hour chart.
Nice long pin there, price seems to be rejected by the resistance line.
It is also the highest point for a while, with space on the left side.
Stop-loss at about 75% of the Candle at the tail.
Stop-profit before the next support, and it is also profit ratio of 2:1.
Hope for the best!
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