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angieh
May 26, 2023 10:05 AM

LONG - FRA40 (H4) (26 May 2023) Long

France 40 IndexPepperstone

Description

SWING TRADE - FRA40

Weekly Chart
- Price is still going up
- Price is currently correcting, and is expected to go up since it breaks the Historical high price point


In Daily Chart, price is out of alignment and is correcting
- price is expected to bounce back from Daily Demand zone
- a potential buy trade can be found inside the zone


In H4 Chart,
- A potential buy trade can be found at the bottom.
- The zone above is tested,hence not a good zone to buy from



Comment

Daily and H4 pending orders are placed on 26 May 2023

Trade active

Trade activated; price is triggered in D1

Comment

Still in the trade and in profit

Trade active

Comment

Trade was closed in advance.

However, I expect the trade to continue as per analysis.

A new analysis will be done to find new buys for this pair.
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