possible reversal
price bounced off previous support and now theres a huge bullish engulfing candle stick on the 4hr and if you come down to the 1hr timeframe you can see more clearly that theres a bullish pole and now a flag.
Another possible reason for this bullish move is that price broke the descending channel and retested and moved up.
I will be looking to go long, when i see the breakout off the triangle.
Another possible reason for this bullish move is that price broke the descending channel and retested and moved up.
I will be looking to go long, when i see the breakout off the triangle.
Trade fermée: cible de profit atteinte
i did wait for the breakout and i was anticipating for a long, however price went the other way. I went short at 1.35018 and met my target at 1.34809 with lot size 0.10.
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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.