This pair came in a premium supply zone.
There is liquidity to be taken (small trendline + double bottom)
Biden wants to lower the gas price (fundamental)
we are trading with the trend.
Institutional trading at its best.
there is also a butterfly pattern on 1h TF.
There is a possibility that the stop loss will be triggered because it's a bit too obvious. I will look to re-enter at a nice zone if that happens so be prepared.
Trade at your own risk. I'm not a financial advisor
There is liquidity to be taken (small trendline + double bottom)
Biden wants to lower the gas price (fundamental)
we are trading with the trend.
Institutional trading at its best.
there is also a butterfly pattern on 1h TF.
There is a possibility that the stop loss will be triggered because it's a bit too obvious. I will look to re-enter at a nice zone if that happens so be prepared.
Trade at your own risk. I'm not a financial advisor