rejected at the 'usual' 95.50 level (4th time in recent weeks) but with every rejection being responded to by more buyers (higher lows / less deep retracements)
im now looking at this previous structure level to long the USD. entry on lower TF (5, 15 or 30mins)
caution adivsed, on higher timeframer (4hr) the stoch and RSI indicate that there may be a deeper pullback still to come, so small position and may add to this once 95.50 breaks and hold (close above on 4hr or daily)
im now looking at this previous structure level to long the USD. entry on lower TF (5, 15 or 30mins)
caution adivsed, on higher timeframer (4hr) the stoch and RSI indicate that there may be a deeper pullback still to come, so small position and may add to this once 95.50 breaks and hold (close above on 4hr or daily)
Trade active
nice solid reaction to the topside of the buy zone.
Trade closed: target reached
TP1 reachedab-cd pattern,
waiting for pullback to complete and re-enter/add at confluence on lower TF
Note
Trade closed: target reached
TP2 hitlook for retracement here
stops into profit
Trade closed: target reached
TP3 hit. leaving small part open to see where this goes
one of my better trades.
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Related publications
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.