-Expanding Wedge formed on weekly chart
-double bottom formed on support trend line on the daily chart; showing momentum to the downside has decreased.
-4H chart; 3 tests of support identify a consolidation. Also shows signs of bullish divergence.
Looking to go long..
-double bottom formed on support trend line on the daily chart; showing momentum to the downside has decreased.
-4H chart; 3 tests of support identify a consolidation. Also shows signs of bullish divergence.
Looking to go long..
Trade closed: target reached
60 pip TP was hitNote
(For my journal) Temporary profits secured, but overall the trend was moving down.Be aware of the trends happening within trends. Place trend lines accordingly also.
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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.