AUD 0.00% 1.5398 australian dollar

"That inside candle on the GU hourly 2nd hour after the gap was...

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    "That inside candle on the GU hourly 2nd hour after the gap was a classic setup."

    Did you mean the bottom left (1) of this hourly chart - the doji? I would have missed that one, but I'll keep an eye out in future.

    I put arrows for ideal entries on the hourly, IMO. (I'm a master of retrospective charting )

    1) Doji after big move.
    2) Resistance at S3.
    3) Pin (almost).
    4) Green > Doji > Red.
    5) Pin on downtrend line established by 2 and 4.
    6) Pin (almost) at bottom of channel.
    7) Engulfing on downtrend line, but it failed.


    GBPUSD Hrly.PNG
    Last edited by LeeKing: 09/06/17
 
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