Nothing special, besides double bottom, but it was not necessary for my scalp signal. In hindsight I see it was a great entry for a larger swing. Based on you MP chart eur will be stopping here for a bit ...
in theory it will retest that 1.3056-26 nip area,it stops at those spots and is good for a pullback but not always,enough that if you manage it well it's a good setup,that small ledge above the nip is 3087 and we got to 3089 in the pullback tonite,could stop there
heres the same setup in cl we are already back to that ledge at 100.04,that nip circled is 99.84 -76,the earlier evening low,so we've tested the nip,and the cleavage,now we go back to the nip or test the ledge above at 100.58,i don't know so i wait for a break below the nip or above the 100.29 area cleavage,when playing the middle it could go either way so its a crapshoot,the bar method catches those moves,this is more for targets
Nice and smooth, I like the simplicity and the validity of showing the actual trades, better transparency easier read. Cool thread! FoN
Another case of simple 1-2-3 chart pattern breakout held through some chop into German unemployment release. http://www.cornixforex.com/2012/01/simple-1-2-3-breakout-trade/
Double inside bar quick countertrend scalp trade. http://www.cornixforex.com/2012/01/quick-countertrend-scalp-example/