Here we have a great trend line pattern that is taking place. we see the candle bounce of support level 82.402 and we plan to enter trade until a retest has been made on the support line as seen in the image with the arrows and we make a trade with shown TP and SL. Other probable scenario is the price level breaks through support level 82.402 and we wait for bounce off bottom trend line and on the close of a low volatile bull candle, place trade with take profit and stop loss.
Comment:
Please comment below and share your opinion of the market movement...
Comment:
Well...we took a loss but that's ok. We can clearly see a retest to for a potential breakout pattern forming. An opportunity to get our money back along with some profits.
Comment:
LOOK at that breakout!
Enjoying the profits and ready for the next opportunity!
Enjoying the profits and ready for the next opportunity!