There are a few bounces off the support line near 0.915 ~ 0.920 You should be able to notice where is my take profit level for my trade.
When entering the trade , do take note of any candle pattern to indicating start of the trade. eg. hammer reversal/engulfing
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Short term (4h) - Bear , Mid term (Day) - Bear , Long term (mth) - Bear
Highly possible that the downtrend will continue until it hits the next support level. No significant volume/candle pattern to indicate a reversal in the trend.
P.S - Remember to ride on the wave trend. The trend is your best friend.
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Base on the indication i can see convergence beginning to form which indicate a reversal. With the bounce off from resistance line we can clearly see it will be a bullish trend soon.
I will wait for better confirmation to start my trading plan :)
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Base on the resistance draw, there are strong buyers who are at the buying zone near the resistance line. Potential bounce off from the potential line to the TP1 zone.
Consider TP 2 : only when there is a clear signal bounce off from TP1 . Consider using candle bar pattern and other indicators to help you along with the trade.
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Hi all.... near the support line 85.24 you can see there are various bounce off it , it indicate that there are strong buyers who are at that zone. for a better position in longing , take a position near the support line.
Consider TP 2 only when there is clear signal to buy ...otherwise please chose TP 1 as your first profit zone.
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What you guys think of my trading plan~? give some comment and like!!.... if i see 50 likes i will provide my TP and SL :)
see some strong support at 1.8617... wait for a clear signal before long (always remember to set SL for all trade )
as seen from the graph... there is quite a substantial +ve volume. It has already surpass the resistance as drawn in red and moving forward to resistance @ 1.44.
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