Traders,
The trade buy cheap and sell expensive is a fundamental concept in trading.
In order to be able to trade markets we need to be able to understand where the price is and where it will go to next.
⭕️ Higher time frames:
-where price is coming from and going to?
✔️It is coming from1.2799 and price is in a short term downtrend.
⭕️Where were the decisions made?
✔️ A decision was made at1.2770 to break1.2680
⭕️ Conclusion:
What we look for on this chart?
-we look for a possible buy at 1.2620
✒ we look for confluence of our zone and check to put our stop loss beyond 1.2598
✒ We look for target at 1.2770 as our first target
🔥 like ,share and put your valued feedbacks🔥
Cheers!❤️
The trade buy cheap and sell expensive is a fundamental concept in trading.
In order to be able to trade markets we need to be able to understand where the price is and where it will go to next.
⭕️ Higher time frames:
-where price is coming from and going to?
✔️It is coming from1.2799 and price is in a short term downtrend.
⭕️Where were the decisions made?
✔️ A decision was made at1.2770 to break1.2680
⭕️ Conclusion:
What we look for on this chart?
-we look for a possible buy at 1.2620
✒ we look for confluence of our zone and check to put our stop loss beyond 1.2598
✒ We look for target at 1.2770 as our first target
🔥 like ,share and put your valued feedbacks🔥
Cheers!❤️
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.
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.