bullish indications:
making HHHL in day time frame,
4 hr : respected fib level 0.382 and retraced.
Major support respected with morning star candle formation.
Trend line resistance is broken.
Forming a inverted head and shoulder pattern in 1 hr with MA21 being respected.
There is a second formation of inverted head and shoulder in 30 min which indicates bullish move.
15 min shows clear bullish candle formation with IHS
Bearish indications:
Major resistance ahead to get the confluence for long .
Based on the confluences pair shows bullish indications hence going long .
Trade plan bias long @ 22106
SL:22050
TP1:22168
tp2:22211
making HHHL in day time frame,
4 hr : respected fib level 0.382 and retraced.
Major support respected with morning star candle formation.
Trend line resistance is broken.
Forming a inverted head and shoulder pattern in 1 hr with MA21 being respected.
There is a second formation of inverted head and shoulder in 30 min which indicates bullish move.
15 min shows clear bullish candle formation with IHS
Bearish indications:
Major resistance ahead to get the confluence for long .
Based on the confluences pair shows bullish indications hence going long .
Trade plan bias long @ 22106
SL:22050
TP1:22168
tp2:22211
Trade closed manually
TP 1 hit and reversed
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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.
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.