Scenario:
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The scenarios described in this analysis are subject to change at any time without prior notification. This analysis is provided as a decision support.
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- Resistance Area breakout [Done.]
- wait for the price to bounce off from the resistance area which become support area [Done.]
- wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar , etc [Done.]
- Initiate BUY order [Done.]
/!\** Disclaimer**/!\
The scenarios described in this analysis are subject to change at any time without prior notification. This analysis is provided as a decision support.
Traders! | if you like my analysis and it supports you in your trading decisions, please say it in a comment so we can manage the trade together.
Thanks.
Trade active
the first target reached, the second is not so far.SL to break Even. wait and see, patience is virtue.
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.
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.