after a false bearish breakout of a major trendline,
it looks like bulls are willing to start pushing.
on 1H the price has perfectly respected a horizontal structure and formed a higher low with an ascending triangle formation
- very important clues to consider.
during the last hour the price has successfully violated a minor structure resistance on 1H,
the breakout is now confirmed and I expected further bullish continuation.
target levels:
1713.85
1721.0
safest stop is below the higher low.
best entry is on retest
good luck!
Trade closed: target reached:
New Analysis!
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅