WE HAVE TAKE PROFIT HIT ON THIS ONE, Excellent trade has being excuted
While approaching the london session we have market that has done its correction after that great impulse to the upside. This shows that we have clear chance with good probabilities for the price to go up from this level
We have a clear resistance which has now turned support on both time frames. The market has started shifting to the upside gradually, we expect it to move up with good probabilities and risk reward ratio
After monitoring price action we have a clear HnS reversal formation on the 4H timeframe. this indicates the market is now moving to the upside with proper risk to reward ratio and good probabilities.
we have a perfect W formation on the 1 hour time frame indicating good probabilities to the downside.
We are involved in range this time. Hoping for the price to go up after a good M pattern
We are facing a strong area of previous support now turned resistance on the daily time frame. Confirmed with a nice W pattern formation to go for a sell
at the moment the market has given us an extended M formation suggesting that the price could go lower and lower
market imeenda kama tulivyo tarajia. Tupo pips 140+ hadi sasa