If you look at the daily or weekly you'll see a symmetrical triangle then scale in a bit and you'll see that it broke and pulled back on the 4 hour, also on the one hour there seems to be a rectangle that was broken and just got retested, I am going to wait for bullish confirmation before entering, also remember guys always use proper risk management !
Comment
⋅
Price might continue down to that new support before going up wait until it bounces off that level !
Comment
⋅
In it !! Nice hidden bullish divergence too just to have better outlook on this long !
Trade active
⋅
set stop loss to break even and ride free trade :) enjoy the pips
Comment
⋅
trade closed got half profit and then set stop loss at breakeven