On 1h scale, falling wedge is forming along with RSI showing divergence. Therefore, LONG Trade is in order.
Note
TP 1 has been hit. Therefore, for second trade, I'm moving up the "Stop Loss" to TP1 level to overall stay in profit regardless of the outcome of second trade. But most likely it will reach TP2 as well and can even go further up.
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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.