The live trade entry and target were posted earlier today on the ForexFlow Live News Stream
Particularly pleased as it helps illustrate my previous post on how to use Divergences to spot changes in direction.
Both the 23.6% and 78.6% make good targets to aim for in Intraday trading as I’ve mentioned before. Plot them from the last swing low / high using the timeframe chart you are trading from. The longer the timeframe the bigger the target is a basic rule of thumb. I find drawing from Hourly charts to be just right for Intraday trading.
The entry shown in the first chart below as posted on the live stream.
Position close ………..
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