ABB ANALYISIS IN 1H TF
28/11/2022
LONG SIDE TRADE
SWING(1H)
ABB
Triangle pattern breakout and retested in 4H TF(LOWER TRENDLINE SUPPORT IN DAILY TF)
Closed with hammer candlestick above 50 MA
Risk taker can initiate trade with trading the hammer for that:
ENTRY-3104
SL-3076
TARGET 1-3159
TARGET 2-IF TARGET 1 ACHIEVED CAN FOLLOW THE RISK ADVERSE TRADE
Risk adverser can trade the triangle pattern breakout that is retested in 4H TF for that:
ENTRY-3120
SL-3070
TARGET-FOLLOW THE ABOVE TRENDLINE
R:R-AROUND 1:2
LONG SIDE TRADE
SWING(1H)
ABB
Triangle pattern breakout and retested in 4H TF(LOWER TRENDLINE SUPPORT IN DAILY TF)
Closed with hammer candlestick above 50 MA
Risk taker can initiate trade with trading the hammer for that:
ENTRY-3104
SL-3076
TARGET 1-3159
TARGET 2-IF TARGET 1 ACHIEVED CAN FOLLOW THE RISK ADVERSE TRADE
Risk adverser can trade the triangle pattern breakout that is retested in 4H TF for that:
ENTRY-3120
SL-3070
TARGET-FOLLOW THE ABOVE TRENDLINE
R:R-AROUND 1:2
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