The great thing about charts is that patterns keep on repeating themselves. If you discover a high probability picture to trade and just keep trading it you could make a good living off just one setup. Today's trade below is just one of these types of pictures I love. Mike Valtos loves this trade too but for slightly different reasons: https://www.youtube.com/watch?v=kDa3_a4Bezk&t=134s
I took the trade marked "Z". The green and red horizontal lines are my FavFib which you can find elsewhere in this blog. Those lines were put on the chart BEFORE the ETH session started. Apart from the fact that the FavFib was there, the trade was qualified due to its internal order flow characteristics. You can see a similar looking bar at "A" but that bar has different charterisics as you can see from comparing bar markers above and below each bar.
With good risk management, that one trade might make you Done for the Day.
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