Jakarta Subway Map on Should prices then start to stall second time around, this is much more likely to set up a turn in dependable fashion (second break principle). Pullback 3-5 had retraced about 40 percent of the trending pole (counting from the flag breakout at 1 ) , which was quite a substantial bounce considering the extent of bullish dominance. The length of a pullback, however, is always inferior to its nature of appearance. The more aggressive the pullback (take note of powerbar 4), the less likely a mere one-bar reversal setup (bar 5) would do as a valid signal bar. Of course, not all traders will play their turns with a tiny 1 0 pip stop, but that doesn’t release them from picking their entries with attention for detail. Those who traded long above bar 5 with a protective stop below that same bar may have miraculously survived the immediate contrarian charge, but that doesn’t take away from the fact that they took great risk on entry. It certainly wasn’t unlikely here for prices to test the high of bar 2 in the box on the left. Jakarta Subway Map 2016.
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