HEllo guys i will continue with my report this week. beggining this week i will keep a journal of this type of set up to watch its eficiency, remenber than micro D its a signal to enter a trade. but this experiment its to see if it can stand alone as a trading method. let see how it goes (last week was a hot week) lets see how it goes this time around
i will keep you posted
the plan is sell at around 1.11512 with targets at KS at arounf 1.10765 and stops above the las high wick
we have a divergent bar what it seems to be a hammer follow by and engulfing bear candle so i will set my entry below that engulfing to be a bit more sure.
remenber if we past the highs before tne entry point the set up ts invalidated
notice this is counter trend trade, so it means its short term and you should watch your stops