What we see here is quite clear as price bouncing inside uptrend channel, clearly price making higher high higher lows,
What we expect is to price to make new higher high on our resistance and trend line then nicely we can open 1:5 R:R position as shown one the chart,
Very clear setup,
Any question comment bellow
FxShzd
What we expect is to price to make new higher high on our resistance and trend line then nicely we can open 1:5 R:R position as shown one the chart,
Very clear setup,
Any question comment bellow
FxShzd
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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.