In my previous blogpost I wrote about confluence of trendlines.If you look att botten left corner of chart and consider trend lines in magenta "clockwise" :First line is determined by candles at bottom and confirmed by next significant low.The following line is a "suspension bridge" a very powerfull formation.The third line is a "lever" which does the confirmation.The fourth magenta line is another confirmation.
This analysis brought me 74 pips in traders contest as per today.
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