My clues here are;
ABCD
Confirmed support at previous keylevel.
Keylevel coincides with bullish trendline
Several pointers towards a triangle forming
My stoploss is above 1.05000, lets see if it bites me.
Target 0,618 fib of A-D move, and just below another weaker keylevel.
ABCD
Confirmed support at previous keylevel.
Keylevel coincides with bullish trendline
Several pointers towards a triangle forming
My stoploss is above 1.05000, lets see if it bites me.
Target 0,618 fib of A-D move, and just below another weaker keylevel.
Trade closed: stop reached
Trade closed, but I should be able to make som profit out of this pair with this: Note
Z - break and close below trendline + previous structure.X - Retest closed below trendline.
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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.