4H Timeframe: we have a fake breakout of the purple trendline. Short SL's have ben taken and now we're hunting for long SL's. 1.We have price into a rage 0.37 - 0.39 2. We have an imbalance: red elipse which might mean a sudden price drop. 3. we have a demand zone near support and trendline where we can have our TP. 4. You can partially take profits along the way, on supports.
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.