H1 time frame.
Structure: Downtrend.
After forming a new high confirming the uptrend, the price down back to 1748.
From here formed a new sideways zone with a range from 1748 to 1768.
Wait for the price to break the resistance or support level and then have a retest to confirm it, then you can enter the order.
With profit target for uptrend is 1785 and target for downtrend is 1720.
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Wish you all have a good trading day!
Structure: Downtrend.
After forming a new high confirming the uptrend, the price down back to 1748.
From here formed a new sideways zone with a range from 1748 to 1768.
Wait for the price to break the resistance or support level and then have a retest to confirm it, then you can enter the order.
With profit target for uptrend is 1785 and target for downtrend is 1720.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.