Previous idea didn't work out SL was to tight!!
Currently the pair is creating a dubble bottom @ 107.61 on 4h chart
Head and shoulder pattern completed
--> Maybe new support area IF it holds @ 107.61
Enter: 107.70 - 107.80 area
SL: 107.50
TP1: 109.00 ( top of the head )
TP2: 110.04 ( below weekly resistance )
I hope this one turns out good!!
Currently the pair is creating a dubble bottom @ 107.61 on 4h chart
Head and shoulder pattern completed
--> Maybe new support area IF it holds @ 107.61
Enter: 107.70 - 107.80 area
SL: 107.50
TP1: 109.00 ( top of the head )
TP2: 110.04 ( below weekly resistance )
I hope this one turns out good!!
Trade active
From 107.87 --> TP1 is coming closerNote
Entered a few more buys @ 109.095 i'm going to close them just below 109.53 because of a strong resistance level. First trade stays open until TP but adjusted SL to 108.825
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Related publications
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.