Ireland Map Tourist Attractions on For a target, you could of course aim for the DO-level above, but in a slow market that can be quite a distance to cover without running the risk of having to exit the trade on a reversal break first. The suggested alternative here is to pocket the profits on the first bout of follow-through somewhere halfway the two levels, for about 8 or 9 pip, and then perhaps see if the market is kind enough to set up a continuation entry in the direction of the higher magnet. Note: Even though the 200-tick setting may print most of the bars within a 2 to 4 pip range, this doesn't necessarily mitigate their individual significance. Therefore, it is once again preferable to enter long above a bullish bar and short below a bearish one.
Naturally, there is no escaping the many neutral dojis on this frame.
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They can serve as signal bars as well. Despite most bars being smaller in span, the price action mechanics on a faster frame aren't much different from what we have seen on the 5-minute.
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