The current pattern we can see a Big Rising Wedge with a confluence of the SUPPLY ZONE (price rejects many times). The probable scenario the price can go to the downside as we can spot an INVERTED HAMMER candlestick pattern that indicates there are more sellers coming into the market and it can break the most recent low & retrace then continue to the downside. The...
In this market mass psychology is the most key points here. In a common strategy of retail traders buy the breakout of the resistance but the fact 90% of retail traders loss the 10% are the big boss where they do the opposite way.
We just leave our target profit open because we will trail manually our SL
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