Trend: Bullish/ Ranging
Structure: Support and resistance
plan: We look for price to bounce off of previous low / support level and move back to previous highs (upper green line)
We need price to confirm the respect of support as it could quite easily break out to the downside.
Will update trade once/if it confirms.
Structure: Support and resistance
plan: We look for price to bounce off of previous low / support level and move back to previous highs (upper green line)
We need price to confirm the respect of support as it could quite easily break out to the downside.
Will update trade once/if it confirms.
Trade active
Trade closed: target reached
TP 1 reached, looking like it might pull back now so take profits
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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.