Hi,
I am looking for trend resumption here.
Daily chart shows huge buying pressure at this major support level. The pin bar from the last week looks scary but it didn't take the price much further and held at this broken line.
I see this as an opportunity since it gives me a chance to place a SL below a line that holds and decent risk to reward ratio.
Looking for targets around the recent high.
I am looking for trend resumption here.
Daily chart shows huge buying pressure at this major support level. The pin bar from the last week looks scary but it didn't take the price much further and held at this broken line.
I see this as an opportunity since it gives me a chance to place a SL below a line that holds and decent risk to reward ratio.
Looking for targets around the recent high.
Comment:
Trade closed: stop reached:
First buy - not successful.