This is great news. We are seeing a beautiful retest. It is getting close to support level which means we could see a possible buy entry. I was unsure about this play until I saw us moving back down. Now we wait to see if it’s respected or not. If we get confirmation that this zone is respected I will take a buy position.
Trade active
Great bullish candle to enter! I entered the trade as a buy. It hit exact level of support and is reversing in our favor.
Note
We are still riding the trade.
Note
Retraced and is moving strong! I put take profit at 1.40000
Trade closed: target reached
Hit tp like clockwork! 115 pips for anyone who caught this. It is retracing now. I still feel bullish for now because it needs to retest resistance. I will make a new idea when I get more information after a few more candles.
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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.