-CLEAN BREAKOUT FROM THE 1H DOWNTREND TL
-RSI DIVERGENCE
-MY TARGETS ARE BASED ON OTHER RESISTANCES SUCH AS
BIGGER TIME FRAME TREND LINES (4H)
-WHEN PRICE CLOSE ABOVE THE EXTERNAL DOWNTREND LINE
IT COULD REACH THE LAST HIGH AND MAYBE MAKE A NEW HH
(WE ARE IN WEEKLY PENNANT MADE BY HIGHER LOWS AND
LOWER HIGHS).
-RSI DIVERGENCE
-MY TARGETS ARE BASED ON OTHER RESISTANCES SUCH AS
BIGGER TIME FRAME TREND LINES (4H)
-WHEN PRICE CLOSE ABOVE THE EXTERNAL DOWNTREND LINE
IT COULD REACH THE LAST HIGH AND MAYBE MAKE A NEW HH
(WE ARE IN WEEKLY PENNANT MADE BY HIGHER LOWS AND
LOWER HIGHS).
Trade closed: target reached:
The first target was reached (the internal trend line). I did not take profit, just moved my sl to breakeven
Trade closed manually:
closed at BE
Trade with care!