hello dear friends!
as you can see there is a clear double bottom but the neckline is still not broken, i expect one more low to break the weekly low and then bounce back to continue uptrend, if the neckline is broken i'm gonna enter long orders on the retest.
our previous setup is still running in profit i have already closed partial and risk free but the target is still pending and today i'm gonna wait and whenever i found an opportunity i'll update it here.
if you have any question please let me know in the comments section.
DONT FORGET to support like and follow for better services.
as you can see there is a clear double bottom but the neckline is still not broken, i expect one more low to break the weekly low and then bounce back to continue uptrend, if the neckline is broken i'm gonna enter long orders on the retest.
our previous setup is still running in profit i have already closed partial and risk free but the target is still pending and today i'm gonna wait and whenever i found an opportunity i'll update it here.
if you have any question please let me know in the comments section.
DONT FORGET to support like and follow for better services.
Note
Price did just as we expected and break the weekly low and bounce back,now we wait for price to reach to the entry zone so we can enter with low risk and high reward.
Note
Always follow your trading rules.maybe i miss this trade but i'm not going to panic, i'm still waiting for the price to reach the entry zone or show another good opportunity with a good risk to reward
Trade active
i have waited for very long time still its not a very good position but lets enter our buy orders,be careful with the lot size its friday.
Note
Patience has to pay Note
70+ pips Running in profitmove stop loss to entry and enjoy. 😉
Note
100+ pips in profit now ✅ Note
this trade is closed and hit our stop loss at entry point we still saved 140+ pips.
be active i'm searching for the next opportunity.
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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.