Reasoning:
1) Wait for the breakout and take a trade towards that direction
2) If the pair breaks the support of the horizontal channel then look for a TP target on the S4 pivot
3) Notice the 3rd bounce was not as strong as the other 2 and then price consolidated which makes me think that maybe the bulls are taking a break and it's time for the bears to take over
1) Wait for the breakout and take a trade towards that direction
2) If the pair breaks the support of the horizontal channel then look for a TP target on the S4 pivot
3) Notice the 3rd bounce was not as strong as the other 2 and then price consolidated which makes me think that maybe the bulls are taking a break and it's time for the bears to take over
أغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.