GA has formed triple bottom off major support zone, that can be seen on 4H. On daily frame price can eventually form H&S, which supports longs for short term.
Riskier entry is right now and more conservative entry is if price brakes through 4h 50EMA and DTL, and then on the retest.
Riskier entry is right now and more conservative entry is if price brakes through 4h 50EMA and DTL, and then on the retest.
Trade active
I have entered with half % at 1.7504, just because it's really strong level and if the price goes up, I'll be looking to scale every good retest. For now the price still holds the ground, but it's about time to take some direction.Note
So, GA made this, and its actually looking pretty good for small long entry. I'll be looking for every pullback for a small entry if this thing keeps going up.Trade active
GA is moving fantastically for now, as I said ill scale this position to the specified profit target Trade closed: target reached
GA has absolutely crushed our TP, it didn't even make a pullback for another entry :D. I closed this position at this level of S/R. Will look after this pair for shorts if it shows good rejections at this level.
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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.