Waiting for swing complete to take an entry after confirmation
Updated
The pair is forming an awesome entry point on this ascending channel, in fact once we get a confirmation to take a LONG position we have a nice future ahead, as the swings have been going on for a while now there is a high chance for a breakout and if that ever happens then we can expect the price to go even further high reaching our second and third targets.
Remember this can only happen after a good confirmation so wait until you see hammer candle or some kind of bullish candles on the chart on the higher time frames. Keep good risk management, there is no guarantee for any trade to go in our favor :)
Remember this can only happen after a good confirmation so wait until you see hammer candle or some kind of bullish candles on the chart on the higher time frames. Keep good risk management, there is no guarantee for any trade to go in our favor :)
Trade active
Take the entry now. An hammer is being formed, chance for another swing.Trade closed: stop reached
Nop Nop!!
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