We are at a Daily Resistance and we expect some pull backs. There is no sign of a reversal yet. We just want to trade this pullback and our entry time frame is H1.
We have a MACD (Lines) divergence and we enter on the break of Trend Line.
We have a MACD (Lines) divergence and we enter on the break of Trend Line.
Comment:
Our target is the most recent support or the long term Trend Line who ever comes first.
Order cancelled:
Price has respected the trend line and never broke it south.
We now cancel the pending order.
We now cancel the pending order.