Disliked{quote} The Tenkan calculates the average of the last 9 periods. On the h1, the price approached breaking its previous 9p range (it had closed below the Tenkan on h1 chart), but it hasn't managed to break that range yet. On the M5, I took a counter-trend trade when it closed above the Tenkan. It went 200 pips in profit. The first close on the M5 wasn't very clear to me, as it could have broken down again due to the momentum from the previous move. But when I saw the candle couldn't break the Tenkan & only formed a shadow, I entered the trade, it...Ignored
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