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Observe, within the chart below, we see a fakey pin bar combo pattern fashioned shortly following the daily pin bar. Also, observe there was a bigger four-hour pin bar that shaped the identical day as the daily signal, incorporating extra confluence to that daily sign.
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I similar to the thought of using the intra working day charts to give excess body weight to the proposed trade. Nonetheless using the daily charts as being the ‘anchor’ for filtering trades. Great lesson. Thanks
Therefore were GBP/USD to drop to this determine, our trade can be shut and our losses could well be capped at 1%.
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