Gadang has a good background in the last 4 weeks.
- Price moving sideways with minimal spread and volume is low.
- It has Sp, followed by a few Test with low volume.
- Price went up few bars before went down in the last bar. Assuming this is a pullback, we need to the see the price movement and volume.
- If pullback succeed, may consider entry at the following:
Entry: 0.725
Stop Loss: 0.71
- We may take partial profit at 0.78 (Resistance line).
- Price moving sideways with minimal spread and volume is low.
- It has Sp, followed by a few Test with low volume.
- Price went up few bars before went down in the last bar. Assuming this is a pullback, we need to the see the price movement and volume.
- If pullback succeed, may consider entry at the following:
Entry: 0.725
Stop Loss: 0.71
- We may take partial profit at 0.78 (Resistance line).