Possible Spinning Bottom candle formation at the previous support zone.
Entry confirmation: 4h Candle Close above 1.12400
Entry:1.12245
Stop: 1.12100
T1:1.1285
T2:1.13245
R:R: 6.15
Entry confirmation: 4h Candle Close above 1.12400
Entry:1.12245
Stop: 1.12100
T1:1.1285
T2:1.13245
R:R: 6.15
Trade closed: target reached
Price formated an IHS pattern in range contraction period than rallied by changing to a positive feedback loop reaching both of our targets perfectly.
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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.