Technical Trading Setups Journal

Quote from ammo:

heres the res on that move ,can ya tell me what you saw on that setup
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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
 

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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
 

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