There is a channel bouncing of support of long term trend, previous structure resistance and Some structure. Momentum is has been picking up And stochastics RSI are very oversold. I will place my open long, stop lose, take profit orders as placed in the screenshot. But i will wait for some bullish candles. (doji dragonfly ) TO SEE THE LONG TERM TREND ANS STRUCTURE COMPRESS THIS 4H CHART. Very simple and applicable.
BTW i bought this at 1.06459, and published the idea a bit before that, should have published this chart with 1H candles, now you cant see exactly that i didn't put this idea up after it had happened, ahh, oh well there will be different ideas you'll see.
Wizard
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That can be seen only if new bars are not loaded.
Wizard
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Target two reached. :)
Wizard
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ps Target one also of course.
Wizard
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Have just closed what was left to close, target 3 not reached.
Wizard
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Target three reached, without an open position for me, though.