Hi all,
Newbie analysis.
Using the bat analysis on the 1 hour chart.
The TP1 is base on 0.382 Fib retracement and TP2 is based on 0.618.
There is also an upward trend from 1day chart showing a higher low.
The Stochastic divergence is showing bullish as well.
Stop loss I decided to go 20 pip below X.
Do comment so I can learn from you all.
Newbie analysis.
Using the bat analysis on the 1 hour chart.
The TP1 is base on 0.382 Fib retracement and TP2 is based on 0.618.
There is also an upward trend from 1day chart showing a higher low.
The Stochastic divergence is showing bullish as well.
Stop loss I decided to go 20 pip below X.
Do comment so I can learn from you all.