Bullish Indications:
1. Higher Highs & High Lows
2. Three White Soldiers
3. Resistance broken @ 0.5 Fib
4. Bullish Flag Pattern
5. No Bearish Divergence
Bearish Indications:
1. Resistance Zone @ 1.59000-159450
Suggested trade plans are:
Plan A: (Buy above the Resistance Zone)
Buy Stop: 1.59500
SL @ 1.58000
TP: 1.62000 (0.786 Fib)
Plan B: (Buy on next HL)
Buy Limit: 1.56150 (0.236 Fib)
SL @ 1.54500 (previous HL)
TP: 1.58950 (0.5 Fib)
1. Higher Highs & High Lows
2. Three White Soldiers
3. Resistance broken @ 0.5 Fib
4. Bullish Flag Pattern
5. No Bearish Divergence
Bearish Indications:
1. Resistance Zone @ 1.59000-159450
Suggested trade plans are:
Plan A: (Buy above the Resistance Zone)
Buy Stop: 1.59500
SL @ 1.58000
TP: 1.62000 (0.786 Fib)
Plan B: (Buy on next HL)
Buy Limit: 1.56150 (0.236 Fib)
SL @ 1.54500 (previous HL)
TP: 1.58950 (0.5 Fib)
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.
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.