The reasons:
1. Price broke STRONG resistance trend line on DAILY TF;
2. Resistance become support;
3. Price on 4H create double bottom;
4. We can see pinbar, like a PA Confirmation;
5. Stochastik oversold;
SL: 110.00
TP: 111.50
RR: 1:4
What do you think?
1. Price broke STRONG resistance trend line on DAILY TF;
2. Resistance become support;
3. Price on 4H create double bottom;
4. We can see pinbar, like a PA Confirmation;
5. Stochastik oversold;
SL: 110.00
TP: 111.50
RR: 1:4
What do you think?