Technical Trading Setups Journal

Quote from clightmarathon:

I hope you are still riding it.
I was watching the double bottom before your BSOT, but I don't trade counter trend signals yet.

Almost bailed it for 20 pips when it reached the previously broken 1H trendline, but didn't give a signal so stayed for a while and then boom! :D

That's the case with reversals, sometimes you pick the real big one, especially when with the daily picture as it was today (daily is kind of a bull wedge).
 
Quote from cornixforex:

Almost bailed it for 20 pips when it reached the previously broken 1H trendline, but didn't give a signal so stayed for a while and then boom! :D

That's the case with reversals, sometimes you pick the real big one, especially when with the daily picture as it was today (daily is kind of a bull wedge).
Here is a channel line on the hourly, and 1.3200. Looks like a good breakout trade above 1.3200.
We will see, now it is stuck below.
 
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