1 Hr chart already show the sign of up trend and on last Friday the price retraced to support 0.898 before started to go up again.
Switch to 4H chart I see the uptrend is going to establish with MACD above 0 level.
So the play is I catch the 1H trend by holding buy position from 0.902 with stop loss under 0.901 and hope for 4H to make N shape pattern after breaking 0.907 with TP at 0.91 and 0.918.
Switch to 4H chart I see the uptrend is going to establish with MACD above 0 level.
So the play is I catch the 1H trend by holding buy position from 0.902 with stop loss under 0.901 and hope for 4H to make N shape pattern after breaking 0.907 with TP at 0.91 and 0.918.
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.