Please note that both time frames are 4 Hours on this post. The difference is that on left hand side I replaced regular price candles with Heiken Ashi candles, which are good for filterring noise and very often give good indication for price action reversals. (not suitable to trade on them alone as they are kind of lagging candles, do not show the realtime px
. Can be used rather as an additional indicator that shows trend changes)
Now what we need to see is if the last HA candle can close as a "doji" with long body. The right hand panel suggests we have seen a retest of the 100 WMA
and the Kijun, and is on the way to print the second hammer
is turning up. I suggest to go long here ard
0,8815-0,8820 with stops below 0,8785-0,8795.