Support Buying Opportunity

By Zoen_Trieste
Updated
CLV2018 is seemingly in an attractive buy area and demand is flowing in around this triple bottom after a hard selloff earlier. A break lower would result in a swing break and have long lasting effect on this pair. There's a Wyckoff's spring bar on the 4H that is almost complete. Signs of bullishness picking up are evident. Buying current area with stops below the low and looking for 1.5R-2R targets seems reasonable.
Trade closed: stop reached
Taking partial 1R profits whenever there’s such an opportunity is very important
Andrew's PitchforkBeyond Technical AnalysisHarmonic PatternsOilpullbackbuysupportTrend Analysistripplebottom

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