Post
@dela_holds_the_line
D
Dela Mensah-Kow
@dela_holds_the_lineGeneralSTANDARD0 comments3 likes3 views
When price pulls back to a previous swing high that's now acting as support, and you get a clean rejection candle at that level, that's your area of interest. Wait for the candle to close before you do anything. Entry on the next candle open, stop below the rejection wick, target the next clean swing high. Keep your risk small, one to two percent of account, no more. Works well on GBP/USD and EUR/GBP on the four-hour chart during London or New York sessions. The limitation is this: if structure is messy and levels are overlapping, the signal means very little. No confluence, no entry.
Trading involves risk. This content is educational and is not financial advice.
Guest view
Join Setup.Cash to react, comment, and share posts.