If price break through this red line and continue a bullish trend I would like to follow this bullish trend. My
SL: Below green Rectangle area.
TP: Pint D 114.82
Entry : If price cross that Red line and stays up.
I would like to go for downtrend but there is always risk behind our trade. Let's see this time how risk is rewarding for me.
Remember this chart might be right or wrong. So trade with your risk management and the outcome of your own research.
This is only practice result. So do not take it as an advice and trade. Before you trade remember your risk of loosing...
I just like to draw the future .Sometimes I am right and sometimes not, I am exactly like you a Human being. Hardly give up hope even I am not right. Do not like to draw indicators as most of the time they do not work.Just look at the graph with naked eyes and draw what I can see. Sometimes does not work but do not give up hope. My turn will come today or tomorrow...
I just like to draw the future . Drew couple of lines here only you can see hourly chart . Those lines should work as Support when price is above and resistance when price is below the line. So you can have a look and try to match your research.
Remember this chart might be right or can be wrong. So trade with your risk management and the outcome of your own...