Trendline Reversion
Updated
After a great period of NZD down, that let many touches in the trendline, the price breakout is experimentation a new upward structure.
The rejection H1 candlestick is done, but to trigger the trade remains to wait for the minor resistance breakout.
All orders are placed using "limit" or "stop" triggers, Ill never open order as a "Market" condition.
So if the price crosses the green box of the "visual order" component... means that I'm in profit, otherwise, let the stop loss save us
If you are enjoying my analyses, please don't forget to follow my profile and keep me motivated to post all my thoughts every day!
This is not investment advice and I'm just a DEMO account trader.
Obrigado from Brazil!
The rejection H1 candlestick is done, but to trigger the trade remains to wait for the minor resistance breakout.
All orders are placed using "limit" or "stop" triggers, Ill never open order as a "Market" condition.
So if the price crosses the green box of the "visual order" component... means that I'm in profit, otherwise, let the stop loss save us
If you are enjoying my analyses, please don't forget to follow my profile and keep me motivated to post all my thoughts every day!
This is not investment advice and I'm just a DEMO account trader.
Obrigado from Brazil!
Trade closed: target reached
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