Plotted an extrapolation anchor points and applied Newtonian reaction space which predicted reversal. And happened to be a hybrid fractal candle.
Placed my stop loss and fractal candle and take profit at around 50% Fib retracement. Not going down to the wash line as it's too far and I don't feel comfortable.
Commento
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I will be keeping an eye on the previous high and see how price interact with the horizontal zone
Nice, I like this speculation idea and the whole thinking behind the application of Newtonian reaction space
Dave-FX-Hunter
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very good work, check my profiletoo
transparent-fx
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usdchf is on my watchlist as well, this is what i have
popesalmon
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@transparent-fx, yeah Im speculating a retest as well, maybe I will close at the next green and then once price rebounds the second time I will short again