Long opportunity
The price on this pair is rounding = Bullish
I have drawn in a semi circle to highlight how the price is rounding upward and drawn a trend line to highlight the point that price initially dropped. The ideal entry will be to wait for a break of this trend line followed by a retest and rejection of this zone turning it into a new support. Ill be looking to take a 2 X ATR take profit and a 1 ATR stop loss (maybe increase the loss slightly to take up the larger spreads this pair is prone to).
Wait for the break and retest = Bullish = God entry!
I have drawn in a semi circle to highlight how the price is rounding upward and drawn a trend line to highlight the point that price initially dropped. The ideal entry will be to wait for a break of this trend line followed by a retest and rejection of this zone turning it into a new support. Ill be looking to take a 2 X ATR take profit and a 1 ATR stop loss (maybe increase the loss slightly to take up the larger spreads this pair is prone to).
Wait for the break and retest = Bullish = God entry!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.