M2/M4 Trade Example
Feb 25th was an M2/M4 day. At M2, price failed to penetrate M2 and formed a triple bottom consisting of a quasi railroad track and a long hammer. Trendline break at 08:00 at the pivot point. Drilled down to the 5 minute chart to confirm price break through and test of the central pivot. As price punched through M3, price did retest M3. M3 then provided support for price to travel to M4.
This training video is available at this link:
http://www.forexmentor.com/video/m2m4-example.html
