As you can see on my graphic we are currently in a LONG position trend signed with 2 red lines A1 and A2.
You can see during all this time how many times the prices touched the lines and never broked strongly them changing the trend. Currently the price is struggling in that area that i coloured in purple, this is a particular area since the market taking a decision where to go (to the red line A2 and then turn Up or turn Up immediately and continue the raises?).
Well i elaborated 2 strategies:
-LONG ENTRY in area 0.77222 if prices don't broke that Critical area but simply turn up immediately and the Target 1 will be area 0.80667 and Target 2 0.8200 and STOPLOSS just under the red line A2.
- If the prices break down the purple area, we have to wait until they will touch the A2 0.76300 and entry LONG in area 0.76700 with Target 1 in area 0.80667 and Target 2 in area 0.8200 and STOPLOSS just under the red line A2.
If you liked my strategy leave a like!
Thank you for your attention.