We are inside a wave pattern and ascending triangle now with some consolidation. The 1883 zone in green as you can see is being respected, as I mentioned. Is there enough momentum to breakout ?
I will wait for further confirmations before anything, but as of now the patterns have repeated themselves time and time again, which is useful for scalps (which I am not a fan).
The strategies I am currently testing : Confluence trading strategy with price action, Pivot Standard zones, Fibonaci and candlestick and support and resistance (naked trading)
Lets see if this consolidation can make her mind up already.
I will wait for further confirmations before anything, but as of now the patterns have repeated themselves time and time again, which is useful for scalps (which I am not a fan).
The strategies I am currently testing : Confluence trading strategy with price action, Pivot Standard zones, Fibonaci and candlestick and support and resistance (naked trading)
Lets see if this consolidation can make her mind up already.
Trade closed: target reached
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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.