As per my earlier analysis, the 0.6035 weekly S&R has now been broken by the bulls. I expect the price to test this level again before it continues with the bull run. I have added possible targets of we can take our profits on the long run using immidiate 4H S&R and daily S&R lines.
** I'm a newbie trader and I welcome all comments and feedback on my analysis. Thank you in advance.
** I'm a newbie trader and I welcome all comments and feedback on my analysis. Thank you in advance.
Comment:
Even if the trade starting point was passed I did not enter this trade as I'm not sure whether the market is changing direction. I will wait for a bullish signel before entering
Comment:
Keeping an eye on this trade set up to enter