I'm following the long term trend if price breaks the counter trendline and closes above it. Price formed a weekly doji at the bottom of the trendline, in correspondence of 0.786 fib retracement.
Stay tuned for updates. Happy trading!
Trade closed: target reached
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first target reached. moved sl to be
Comment
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as you can see, the external trend line is acting as resistance, everything under control ;)
Trade active
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I opened a new long positions after the breakout of the external trend line