4 hour time frame, we clearly broke out from this falling wedge to the upside. Here is my high leverage position setup.
I will keep updating this setup unless we hit stop loss
I will keep updating this setup unless we hit stop loss
Note
Update: Might take my stop to just below $1, which will act as a psychological supportNote
Update: Rally started as expected, our first take profit level of 1.16 is nearNote
Update we hit our first target and are currently retracingNote
We hit our second target of 1.350 and are currently retracingNote
We can add in to our position at 1.18 levelNote
looks like we had perfect buy back at 1.18, for now we are still bullishNote
About time we move our stop profit to 1.159Note
Updated target: 1.47, 1.62Note
Update: Sideways action for now with a symmetrical triangle being formed in lower time frameNote
Update we reached the updated target of 1.62Disclaimer
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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.