Instrument shows bullish momentum with 1H divergence and price broke the falling trendline. Price also made DOW first HHs and HL's. A good long trade opportunity exists by placing a buy stop at the previous HH. What do you think guys, will it work?
Trade Plan
SL @ 6.600
Entry @ Buy Stop 8.032
TP1 @ 9.479
TP2 @ 10.885
Trade Plan
SL @ 6.600
Entry @ Buy Stop 8.032
TP1 @ 9.479
TP2 @ 10.885
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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.