Acending RA Triangle. Bullish Signal.
Good Luck, Cheers.
Good Luck, Cheers.
Trade active
We are over 13 PIPpers in Profit.Keep an eye on 87.5 area for some resistance, we are confirmed Bullish on the 1 Hour timeframe however so you could realistically hold this until you get an hourly bearish confirmation. I will probably look to ultimately take profits at 87.750.
Once we hit 87.750, I will be watching the 5M and 15M for a clear pivot and short it back down to break the last swing low and then move on.
Note
Heres our resistance at 87.5.... I am not going anywhere yet....87.75 is my target to TP and flip to short.Note
So here's the 4 Hour view I was telling you about, I am riding this up to 87.795 or thereabouts to TP and then watch for a 5M or 15M Pivot (Bearish Confirmation). If you dont know what that is, say so in comments I will explain.Note
Resistance is not resisting too much, yet.Note
Everything going according to plan, 15 M Structure is in..Trade closed: target reached
TP SMASHED!Good run, more tomorrow.
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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.