A doji is formed at a very important area, where is the price broke above the trendline and support line. It is sort of a *special* inverse head and shoulder to me. In daily chart, it was a bullish engulfing yesterday too. Therefore, it seems that buyer is more than seller now.
I am doing a long position on this trade.
TP: 0.7640
SL: 0.7520
Thank you and feel free to exchange your idea with me.
I am doing a long position on this trade.
TP: 0.7640
SL: 0.7520
Thank you and feel free to exchange your idea with me.
Trade closed: target reached
OMG it was a huge bullish candle! Thank you and congrats to traders who follow this setup!!!
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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.