Long opportunity
The price on this pair is rounding = Bullish
I have drawn in a semi circle to highlight how the price is rounding upward and drawn a trend line to highlight the point that price initially dropped. The ideal entry will be to wait for a break of this trend line followed by a retest and rejection of this zone turning it into a new support. Ill be looking to take a 2 X ATR take profit and a 1 ATR stop loss (maybe increase the loss slightly to take up the larger spreads this pair is prone to).
Wait for the break and retest = Bullish = God entry!
I have drawn in a semi circle to highlight how the price is rounding upward and drawn a trend line to highlight the point that price initially dropped. The ideal entry will be to wait for a break of this trend line followed by a retest and rejection of this zone turning it into a new support. Ill be looking to take a 2 X ATR take profit and a 1 ATR stop loss (maybe increase the loss slightly to take up the larger spreads this pair is prone to).
Wait for the break and retest = Bullish = God entry!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.