one more down then up. we already have inside bar which was broken to the upside so we can buy now for a good reason at the 61.8 retracement of the impuls and after the 1.27 extention of the first corrective move was reached but somehow i think that there is one more little move down likely. what to do? wait or open a first trade with stopploss below the impulse (below 0.6778-something). dont risk too much, only 1% of your capital and if you feel this is bringing you nowhere than probably your account is too small, fact.
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looks like one more drop... i somehow expected that.
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on daily chart there is an inside bar forming. i am monitoring this to get a long entry maybe.
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opened a buy trade due to inside bar broken to the upside sl some pips below the inside bar (better below the next candles low) below the big low somewhere at 0.6775