After the double bottom, we are waiting for the breakout of the static resistance @1.613 showed in the 4H TF. If volumes are equal or higher than the average we can entry LONG.
Note: the Breakout of the RSI downtrend is occured.
Hint: wait for more confirmation which is the breakout of the static resistance
TP @1.6320
SL @1.6106
RR 5
Note: the Breakout of the RSI downtrend is occured.
Hint: wait for more confirmation which is the breakout of the static resistance
TP @1.6320
SL @1.6106
RR 5
Note
Breakout done. Entry on the retest of the resistanceNote
Check out the entry point on the 4H TF
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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.