How Yesterday's Signal Could Have Been TradedPrice was being resisted by the weekly low and with the strong downtrend for the past few sessions it was only right to take short positions.
But the 30min chart formations were not clear enough for us to take any new short positions. On the other hand, looking at the 1hr chart, a short could have been taken at the break of the spinning top low which formed during the first time signal at 14:00 GMT and would have yielded a 100+ pips by now.
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