The FO session started with a blast. Creating a Trend Phase, a breakout phase on m5, and a trend channel/swing up on m1.
Followed by a tight consolidation. The m5 chart clearly showed a 3 up and 4 sideways.
At the LOBOT it went down, stopped some out, and got in some more bulls
That resulted in a breakout on 1, followed by a BEAUTIFUL Banana Signal. I had a 10R trade from this but the banana signal itself was worth 2,3,5Rs.
Here are m5 and m1 charts as they appeared at the time.
First, let's look at the M5 chart. You will notice the Breaking out Trend Candle at the right of the chart. That is GOLD.
https://www.screencast.com/t/iH9c2quHrgA
Now Expand the above chart to appreciate its inner structure. You will a beautiful LOBOT Banana Setup. Just what the doctor ordered.
https://www.screencast.com/t/ENaM3ZztjGNa
I took two trades. First I entered on the breakout on the m1. with a 10 SL.
Then I added on to it with The Banana Signal.
Total 10R (7R +3R)
The most perfect and beautiful trade session. Smooth, no gyrations not wicks.
https://www.screencast.com/t/7nPeuro8CQW
