as we're moving above the upward trendline , price could be in retracement compared to previous uptrend wave and after breakout of trading range wich is the price moves inside it , we can find out about next move.
Trade closed: target reached
After the price support at 1.0240, we see the rising trend to the specified target. The target was touched. 275 pipsNote
and According to the method of trading in tradin ranges, with the activation of our Buy Stop , we could gain 150 pip by moving the price up to the resistance areas.
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.