Hi All,
Just an update post.
As per the chart, we are looking for price to break the lead in trend resistance line.
Note the wicks on the weekly showing us this trend line is being respected.
How to trade this, wait for price to break this and possibly give you time to buy in when it retests it, on the 4 hrly or daily.
Really depends how it approaches the resistance. Breakout trade.
Not a bad return if it hits the target over 120%
Regards,
S.SAri
Just an update post.
As per the chart, we are looking for price to break the lead in trend resistance line.
Note the wicks on the weekly showing us this trend line is being respected.
How to trade this, wait for price to break this and possibly give you time to buy in when it retests it, on the 4 hrly or daily.
Really depends how it approaches the resistance. Breakout trade.
Not a bad return if it hits the target over 120%
Regards,
S.SAri
Comment:
so far 4 hrly looks good with the indicators
Comment:
Its holding this level
Comment:
short term.
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.