Potential long Entry point at Support here at .91 If support holds, expect to see a more pronounced ascending triangle for a potential break of $1
First resistance is at 0.940 and first support is at 0.805 . If we using Fibo Retracement from support 2 to the current highest resistance which at 0.960, we can see that the current price is almost at 50%. If the current price can break that 50%, price could possible reach at our first resistance.
here we already see a reversal. and already create a QM best structure for buy.. and we saw a FAKE OUT that possibility for the price to break thru the price.. The yellow box is the best area zone for a price do a rejection.. there are a few confirmations that made me confident with buy setup 1. The structure has shown a reversal in minor 2. Vaccine...
My previous entry was at 0.666 & second at 0.595, has TP 70% of it at the price of 0.880. Now I am looking for another re-entry at 0.820-0.855 & at the possible price 0.755. But, if I'm planning to hold then I probably will take the TP at Price Zone 1.310-1.435 instead of 1.070 or 1.150. Disclaimer: If you choose to follow this trading idea you do so at your...