@fx.strategies: Did you choose the correct structure zone for the Retest? - This is a live example from GBP/CAD 4H , where the price already shifted the structure to uptrend and we can discuss the two structure zones that are our options to take a retest. Actually, we don't have options. If we have rules, we only must have one option, there is nothing else. We can't leave us in a situation to think if we should do this or that, because the rules should be clear to direct our situations clearly and point out without a doubt what we need to do. That's the case here where we clearly see we started an uptrend structure and there is no reason to continue using structure zones that are part of a long gone trend. We might be using them as a targets, but never as a points to our present preparations by past trend. Our latest HH is already formed and for the trend to continue the structure, the advantage lies behind the retest of the latest HH formation of an uptrend. Have a great weekend!

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Saturday 06 July 2024 16:20:30 GMT