joebell1205

joebell1205

What you guys thinks about this setup? Your comments are appreciated. Please remember this is just a study, no recommendation. It is advisable you make your own analysis. I shall not be held liable for any loss of your investments.

joebell1205

Hi guys, double bottom pattern is what I see on the 4H chart. Here is my setup. If Strong Resistance holds on, bearish reversal trend can come next. Otherwise I think the trend will be bullish. Bullish Setup Entry: Buy at 1.10156 SL: 1.09624 TP: 1.12390 Bearish Setup Entry: 1.09624 SL: 1.10156 TP: 1.08185