Guys,
First of all, I'm sorry but I was already in since yesterday... but not sending it here is worse, so:
I'll try to be fast in this one: On Weekly, price has found support in a previous nice area. I'm trusting that. On daily, we can see a double bottom - for pattern traders - which means that price wasn't able to break the previous low in that timeframe - which means again that price was likely to reject from that area. beautiful. Now look a t the 4hr chart: Price has grabbed liquidity, retested the minor resistance broken - now support - and it's fighting its way towards the upside. Let's grab that. It's already a trade for me, but try to enter on a retest or in a nice support. Peace.
First of all, I'm sorry but I was already in since yesterday... but not sending it here is worse, so:
I'll try to be fast in this one: On Weekly, price has found support in a previous nice area. I'm trusting that. On daily, we can see a double bottom - for pattern traders - which means that price wasn't able to break the previous low in that timeframe - which means again that price was likely to reject from that area. beautiful. Now look a t the 4hr chart: Price has grabbed liquidity, retested the minor resistance broken - now support - and it's fighting its way towards the upside. Let's grab that. It's already a trade for me, but try to enter on a retest or in a nice support. Peace.
Trade active:
TP1 on its way, but if market structure shows us, we might close it earlier.
Trade active:
This shit doesn't want to fly.. common. Either way, I've secured some pips, so let's wait for the trade to roll.
Trade closed manually:
TP 2 was reached and price started to go its way again... time to make the trailling stop loss work.