Analysis/bias:
Price is in a consolidation phase (descending triangle) and my bias is for the price to reverse at support/resistance.
Price had a strong down towards support and usually this kind of move is followed by a reversal instead.
Trade:
Enter after a strong bull candle appears with SL at the bottom of the low and TP at the resistance.
Price is in a consolidation phase (descending triangle) and my bias is for the price to reverse at support/resistance.
Price had a strong down towards support and usually this kind of move is followed by a reversal instead.
Trade:
Enter after a strong bull candle appears with SL at the bottom of the low and TP at the resistance.
Trade closed: target reached