Here is the main idea
This is a chart showing how I managed the trade until now. I wanted to post this chart because I don't usually add to positions, but this time I did.
I still hold my bullish bias.
1 - 1.05982 - Entered because of the double bottom pattern
2 - 1.07005 - Added because price returned to value on H4, and formed a doji on the daily
3 - 1.07487 - Added because price rallied after consolidation, confirming my first add.
4 - 1.07942 - Daily piercing line(my platform) and bullish engulfing here on TV, H4 return to value and bounce of support
This is a chart showing how I managed the trade until now. I wanted to post this chart because I don't usually add to positions, but this time I did.
I still hold my bullish bias.
1 - 1.05982 - Entered because of the double bottom pattern
2 - 1.07005 - Added because price returned to value on H4, and formed a doji on the daily
3 - 1.07487 - Added because price rallied after consolidation, confirming my first add.
4 - 1.07942 - Daily piercing line(my platform) and bullish engulfing here on TV, H4 return to value and bounce of support