This forex pair has full confluence with a xBrat Roller Coaster (RC) long signal on the 20th May. Then on the 22nd May an xBratAlgo (XA) 5* BUY Signal. Whilst the BIAS Depth Heatmap (BDHP) is all Green!
Price is trying to push through weekly resistance right now so a sensible entry would be 2.10514 with a Stop Market Order. Stop Loss at 2.04814. And with a target of 2.23000, there is a lot of fresh air (Risk to Reward) to the next weekly resistance zone.
At the end of January this year we had another confluence bullish trade that did extremely well, as can be seen on the chart. Trailing stop position is the line between the two green zones during the trade.
Price is trying to push through weekly resistance right now so a sensible entry would be 2.10514 with a Stop Market Order. Stop Loss at 2.04814. And with a target of 2.23000, there is a lot of fresh air (Risk to Reward) to the next weekly resistance zone.
At the end of January this year we had another confluence bullish trade that did extremely well, as can be seen on the chart. Trailing stop position is the line between the two green zones during the trade.
Learn More about my Signature XBrat Algo Trading Software for TradingView HERE thexbrat.com/
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.
Learn More about my Signature XBrat Algo Trading Software for TradingView HERE thexbrat.com/
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.