Price is currently drifting down to the
1.1100 even handle.
Here is an example of the IF THEN Process in ACTION
IF price gets to 1.1100
THEN I will look for a double bottom @ that level
IF I get a double bottom
THEN I will get long nex t bar market
Current Risk 2 Reward is based on entry @ 1.1091
I will not know the exact entry until Double Bottom forms IF it ever does.
But wuth a risk profile like this how many time would you want to take the set up?
1.1100 even handle.
Here is an example of the IF THEN Process in ACTION
IF price gets to 1.1100
THEN I will look for a double bottom @ that level
IF I get a double bottom
THEN I will get long nex t bar market
Current Risk 2 Reward is based on entry @ 1.1091
I will not know the exact entry until Double Bottom forms IF it ever does.
But wuth a risk profile like this how many time would you want to take the set up?
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