This is a trend following buy idea on the hour 4 time frame.
We had a double bottom reversal pattern on the hour 4 time frame.
Then after the double bottom we had a swing up.
Then after the swing up we had a pullback into the 26 ema on the hour 4 chart.
Now we expect more buying. A good tp for short term traders would be 2.06500
My final tp is higher though
We had a double bottom reversal pattern on the hour 4 time frame.
Then after the double bottom we had a swing up.
Then after the swing up we had a pullback into the 26 ema on the hour 4 chart.
Now we expect more buying. A good tp for short term traders would be 2.06500
My final tp is higher though