After the price reaching the ascending trendline, it got a rejection from the level, and it is currently struggling with a resistance zone. Now, expecting that price get enough momentum to break it on the uptrend bias, a buy order is placed with the following features.
The order:
Type: buy-stop
S/L: 30 pips - R:R | 1:2 -
T/P: aiming towards a confluence level previous swing high and ascending trendline
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The order:
Type: buy-stop
S/L: 30 pips - R:R | 1:2 -
T/P: aiming towards a confluence level previous swing high and ascending trendline
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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