Analysis
4 hrs is sideways.price is within a range currently.expecting price to break the upper range and continue an uptrend.
or price could test the top of the range only to reverse back down.daily resistance around 1.41400 level expect support and a rally backup
4 hrs is sideways.price is within a range currently.expecting price to break the upper range and continue an uptrend.
or price could test the top of the range only to reverse back down.daily resistance around 1.41400 level expect support and a rally backup
- Trend -Long
Health-new trend
Move Leg-1st move
- confluence
fib-38,78,127,161 (50%)
prev support
20-ema dynamic support
1.4100-psych level
Trade active
Moved stops to break even @1.4164Note
.Note
Moved stops to 1.417635Trade closed: target reached
final Risk:Reward 1:6
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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.