We have a possibly a cup and a handle pattern in development,
Pay attention to price action and if price will make a handle like structure or descending channel you can enter long after breaking green line with target as per chart.SL should below low of handle / channel.
Pay attention to price action and if price will make a handle like structure or descending channel you can enter long after breaking green line with target as per chart.SL should below low of handle / channel.
Comment:
Comment:
We have had claer breakout and retest of trendline / resistance on lower timeframe.
Therefore up move should continue utiltarget reached.
Therefore up move should continue utiltarget reached.
Comment:
Comment:
Comment:
Very good progres.
Trade closed: stop reached
