Detroit Map on Just give it some more time. Understanding Price Action perforations, the original high at 1 had remained the level of most attention. Hence the box drawn as depicted. At the bottom side, the low of the W had bounced bullishly away from the cluster on the far left. The 4-5 buildup represents a squeeze between the box barrier and the 25ema, with the OO-level offering support (note the false low in it) . Entry can be taken above bar 5. Although the trade was good to go, this doesn’t immediately rule out the adverse magnet issue (the OO-level below was still nearer than the 20-level above) . Detroit Map 2016.
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