EURUSD 1H. The line under the lows has held every pullback for four days and price has just made a new high off the last touch. Long is on, stop under the line at 1.0742, target 1.0925. A close below the line is the exit. I am not averaging into it.
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What are you doing if it closes outside and comes straight back in?
Four touches is where I start trusting a rail. Fifth one is usually the one that breaks it.
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Connect your Tradeium profile to reply, like and follow. Reading needs nothing.
What are you doing if it closes outside and comes straight back in?
Four touches is where I start trusting a rail. Fifth one is usually the one that breaks it.