A textbook trade the previous analysis on usdtry. Showing how easy trading can be sometimes if we are willing to wait for a good setup. As we can see on the left, it respects that big bull flag that i drew a week ago. So we could be closing in on a temp low on the lower time frame. My game plan now is, waiting for a potential inverse H&S with the low in that green support. So waiting for things to play out first and then making an attempt if things look good.
Previous analysis:
ملاحظة
So far the H&S is taking shape now. We can see a trend line now and hopefully we get something in the shape of a wedge, the bigger one or the smaller yellow one. That would give the option to get in at the exact low with a small pos and then wait to see if we get an completed inverse H&S or not. So risking some at the support zone for a potential big win.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.