we have there the double top so lets take profit before it moves up again
Bullish hammer lets see how long its going to hold this bullish move move.
looking for 18.82669 18.84291 18.90454 18.94022 levels to profit if it breaks the first line or it will push 1 more vawe down for the A B C ( D) Vawe then it will continue up, lets see what we have, enter for long position only if 1 more candel brake the resistance and closes with a bullish candel then we buy in but for now take care it can go down a bit.
it didnt create a strong vawe up side so lets see if this will move massive down
As i can see it will move 1 more vawe up.
Type 5 Minutes 15 Minutes Hourly Daily EUR/USD 1.0976 Moving Averages: Buy Neutral Sell Strong Sell Indicators: Strong Buy Strong Buy Strong Sell Strong Sell Summary: Strong Buy Buy Strong Sell Strong...
STOP LOSS 106.000 and TAKE PROFIT 103.405 Then maybe we have a bullish move again too 109.000
Wait for 2 candels at least to jump into the trade don't forget risk management, the trade in a down trend risk reward is much better, but if it continues up i will put the stop loss at 0.72000 and look for a profit too 0.77940, if the market breake the red line i will jump in for short after 1 or 2 candle under the red line stop loss will be 0.73541 and take...