top of page

EURNZD a Losing trade - 60 pips, this is why!!

Annotations on chart:

  1. There was a Plutus Long (23.5/7.2)patterns but I did not take it because it was too close to the Supply Line and it did not break it.

  2. I took this Plutus Reversal Short (15.5/3.0) and this was the mistake.

Why? Because we are ranging and the pattern is within the range. It is not a pattern exitting the range or after the exit.

bottom of page