UFTBUSD bull run expectation.
Buy limit : if the the price break up to the highlighted range with 1hr candle.
I would recommend buy the retest as it will be a tight range to the closest resistance as illustrated.
Stop loss: if it breaks below the horizontal level shown with 1hr candle.
Risk: 10% or below
This analysis is validated if the break occurred with high trading volume.
NFA
Buy limit : if the the price break up to the highlighted range with 1hr candle.
I would recommend buy the retest as it will be a tight range to the closest resistance as illustrated.
Stop loss: if it breaks below the horizontal level shown with 1hr candle.
Risk: 10% or below
This analysis is validated if the break occurred with high trading volume.
NFA
Trade closed: stop reached