The H1 time frame chart is showing us a potential trade.
Price tested the PRZ and the H1 RSI is oversold and formed a bullish divergence
Price tested the PRZ and the H1 RSI is oversold and formed a bullish divergence
Trade active
TP1 Hit. Moved Sl to break even (Risk Free trade from this moment on)Note
From my understanding of Elliott Wave, we can predict the target of the 5th wave up to be around 1.1300Trade closed: stop reached
Protective stop loss triggered. Out of the trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.