the pairing just rebound from 61.8% FR from recent uptrend. entry Long at this Higher Low level.
SL - 109.55 (Low of the recent structure, to keep up the momentum , this low shouldn't have broken)
PT - 111.60 (previous peak retest)
Despite seeing it as Range - it's still at the low side, buy at low definitely have more RR
SL - 109.55 (Low of the recent structure, to keep up the momentum , this low shouldn't have broken)
PT - 111.60 (previous peak retest)
Despite seeing it as Range - it's still at the low side, buy at low definitely have more RR
Trade active
it's time to move SL to our entry because that's the recent Lower Low in 4hr structure, once it broken PA will continue downTrade closed: stop reached
exit breakeven, PA not manage to go higher high
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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.