Broke out of dinamic trend line
above 4hr ema
waiting for a bounce to enter on the small timeframe. (Can tighten SL)
TP will see how it reacts to yellow line (daily ema) and then to outer trend and beyond if price shows us this.
above 4hr ema
waiting for a bounce to enter on the small timeframe. (Can tighten SL)
TP will see how it reacts to yellow line (daily ema) and then to outer trend and beyond if price shows us this.
Note
Nice 5% profit reached so far, but price has now come back to test again.can see a channel forming now, I would prefer to enter once a break and retest, as price is currently below the 4hr ema, whether we get this retest will have to see.
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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.