Price action fund rejection from the strong level drawn from W1 timeframe, being able to manage a breakout from the trend line, and retest of the level changed the reading of the previous post from a short-entry to a renewed long position.
The pair bullishness is supported not only by the price structure but the MACD and smooth sloping up from the 200MA
The order:
Type: buy-limit
S/L: 68 pips - R:R | 1:2.4
T/P: aiming towards the resistance trendline
The pair bullishness is supported not only by the price structure but the MACD and smooth sloping up from the 200MA
The order:
Type: buy-limit
S/L: 68 pips - R:R | 1:2.4
T/P: aiming towards the resistance trendline
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
Related publications
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.