Up and under price pattern
Forex Strategies VIPCall it whatever you want, but if you're looking for a price pattern to trade you might want to give it a look.
It's a very simple pattern so it's easier if I explain by charts, but obviously there are discretionary variables with the pattern that will be different for every trader so this thread is really a 'pattern promo' if you like, then you guys find out what works for you and hopefully go make some money.
I hope traders who already trade this pattern will share their insights.
I've tried to use recent PA in these examples, I use the M30.
The charts
Don't expect them all to work, they don't, but often if you're willing to be bold you can have a go at getting back what you've lost. This is calculated, it's not a revenge trade.
The shiny stuff works well.
The USDJPY today.
Attached Image (click to enlarge)
Down on the M10