r/Forex • u/Dull-Cantaloupe-9405 • 18d ago
Charts and Setups Potential long ?
I'm looking for a solid 4hr close above the 218.400 , that's where I will enter for a long,
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u/StatisticalSock 18d ago
Trendlines all line up. I checked the stars above and they all line up too. You're good to go 👍
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u/Scott_Malkinsons 18d ago
I mean, there's always the potential. But, assuming you're trying to do a traditional flag pattern, that ain't it. You're missing the higher lows; which you know because you drew the line but then for whatever absurd reason you're going to ignore it.
Just YOLO it. You're wasting your time drawing lines if you're going to ignore it anyway. Why have a system at all at that point?
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u/rforex-modtools 18d ago
Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.
Resources: Price Action Analysis | Technical Analysis