If the market pulls back in 1.6648 zone, we should be looking for bullish confirmations and go LONG.
First TP should be in area of previous lows (1.68665-1.689).
TP2 could be in previous highs in 1.78-1.179 area.
Good Luck!
First TP should be in area of previous lows (1.68665-1.689).
TP2 could be in previous highs in 1.78-1.179 area.
Good Luck!
Note
We're still in the falling wedge but close to resistance line. If the resistance line holds it should drive the price directly in our buy zone.
On the other hand, if we see resistance broken with strong bullish candle, it's safe to go Long from there.
Note
Price landed in desired BUY Zone. Wait for significant bullish candle and go LONG.Good Luck! :)
Trade closed: target reached
Both TPTrade closed: target reached
Both TP1 & TP2 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.