Attached are the hourly charts of EU and GU. The control bars are pretty easy to locate. There are 2 control bars in each and as they are next to each other, we should be considering them both together than each of them separately.
So, i would be looking at the low of the first bar and the high of the second bar rather than the low and high of each bar. In each chart, i have marked off the high and low of these bars. Till price comes within the range of this hi and lo, i will just sit on my hands with nothing to do as far as these pairs are concerned.
So, i would be looking at the low of the first bar and the high of the second bar rather than the low and high of each bar. In each chart, i have marked off the high and low of these bars. Till price comes within the range of this hi and lo, i will just sit on my hands with nothing to do as far as these pairs are concerned.
