Simple Trick Trade Setup Part II

A picture tells a thousand words.

Proof of same rule applying for 1 month, in obvious market conditions

Though i believe that last night’s reversal could be quite strongly influenced by the NFP report, the rules and behaviour pattern were still congruent with what we were looking out for.

If you would like to know why these reversals happen and how you can trade these patterns should they happen again in the future, read this post

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