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lafayettej

second push down, how to spot reversals. (2/2)

Euro / Dollar AS (FX_IDC:EURUSD)  
lafayettej  
FX_IDC:EURUSD   Euro / Dollar AS
Trend Analysis Technical Indicators Chart Patterns educational EURUSD trade
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trendanalysis indicator chartpattern educational eurusd trade
as continuing from my previous post, we look for a reversal from a high and we look for a retest and trade on the failure of the retest before it reaches the top. in this example, we see price already dropped quite a bit so it would be better to place the stop loss at the high of the retest to make for a better R:R.
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