This is a really straight forward trade, but one thing we should observe in order to pull the trigger (BUY), is the current H1 candle. For the Buy to be truly confirmed, there has to be an H1 close above previous wick on the H1 timeframe...and we are good to go......and always make sure you lock in your profits once the trade starts going your way.
GOODLUCK!
GOODLUCK!
Note
According to the written analysis, there was no confirmation for the BUY because the H1 candle did not close above the previous wick...instead, it closed below, which annulled the BUY Bias.I would be re-analyzing the pair, so we know the necessary action to take next.
#STAYGLUED
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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.