Reason to Buy
1) Long-term downtrend-line has been broken with a strong breakout candle = uptrend
2) Strong rejection from 1212 support = engulfing candle
Two possible entries
1) Buy from near-term support
2) Inside Bar + strong breakout + pullback (Inside bar formed below resistance)
Stay tuned!
1) Long-term downtrend-line has been broken with a strong breakout candle = uptrend
2) Strong rejection from 1212 support = engulfing candle
Two possible entries
1) Buy from near-term support
2) Inside Bar + strong breakout + pullback (Inside bar formed below resistance)
Stay tuned!
Trade active
Bought.Tp1 at previous high
tp2 around 1260
Trade closed: target reached
Tp1 hit while remaining breakevenDisclaimer
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.