This is a bullish crab setup on the 4H chart, a decent size pattern with a 2:1 risk ratio so it's worth getting in.
This is a strong point of resistance for this pair I believe, but the usd is showing weakness in a few pairs + XAU/USD so I will be trading this one.
WARNING: because my account is relatively small I am using 5% risk on my trades until I get a larger bank roll :)
This is a strong point of resistance for this pair I believe, but the usd is showing weakness in a few pairs + XAU/USD so I will be trading this one.
WARNING: because my account is relatively small I am using 5% risk on my trades until I get a larger bank roll :)
Note
This is a support zone not resistance, sorry just waking up :) was up late last night looking at setups.
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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.