A possible Scenario after the breakout.
Good day traders. We have this descending trendline[coloured in pink] that we have not broken out since five weeks. If we breakout we have multiple levels of TP, starting from the 0.92 level.
I would suggest waiting for the breakout to be confirmed by a 4h candle stick closing.
And always follow your own plan.
I would suggest waiting for the breakout to be confirmed by a 4h candle stick closing.
And always follow your own plan.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.