H1 time frame.
Structure: Uptrend.
The uptrend has been confirmed and there is a retest signal at the zone of 48800.
At this zone, it is possible to continue moving higher with candlestick patterns on the 1-hour time frame, but the risk is quite high because now a divergence signal has appeared with the possibility of a wave appearing. Back to 45000.
Here can find short-term buying opportunities and deal with Break Even when the price up rapidly to the 51500 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Uptrend.
The uptrend has been confirmed and there is a retest signal at the zone of 48800.
At this zone, it is possible to continue moving higher with candlestick patterns on the 1-hour time frame, but the risk is quite high because now a divergence signal has appeared with the possibility of a wave appearing. Back to 45000.
Here can find short-term buying opportunities and deal with Break Even when the price up rapidly to the 51500 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.