See my prior trade idea linked below. Been trading this from the bottom of up weekly channel Great opportunity for a buy.
Indicators.
1. Upwards weekly channel bounce at bottom creating a new high.
2. Weekly RSI in buy zone.
3. Broken Resistance area becoming new support.
Entry:
1. Current price area of 1.8224
2. 1.7900 area for a deeper conservative retrace.
TP 1: Next resistance area of 1.8464
TP 2: Large resistance area of 1.8831
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
Indicators.
1. Upwards weekly channel bounce at bottom creating a new high.
2. Weekly RSI in buy zone.
3. Broken Resistance area becoming new support.
Entry:
1. Current price area of 1.8224
2. 1.7900 area for a deeper conservative retrace.
TP 1: Next resistance area of 1.8464
TP 2: Large resistance area of 1.8831
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
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.