Pair has formed bullish bat pattern. First reaction to the Potential Reversal Zone(PRZ) looks good, but I would prefer to see double bottom with RSI divergence at this level before entering the trade. ATR based stops below the bats satrting point X.
I remind you that this is just my vision about possible market movements. If you have your own, please share in comments. I will be glad to discuss with you. I will be very grateful for supporting my post by your LIKEs, if it's not so hard for you. :)
Plan your trade, trade your plan and good luck in the markets.
I remind you that this is just my vision about possible market movements. If you have your own, please share in comments. I will be glad to discuss with you. I will be very grateful for supporting my post by your LIKEs, if it's not so hard for you. :)
Plan your trade, trade your plan and good luck in the markets.
Note
1st profit target reached
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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.
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.