The price has formed a descending channel, indicating a potential reversal pattern. We have experienced a breakout followed by a pullback; achieving a higher high will likely lead to bullish momentum
WE ONLY TRADE PULLBACKS
WE ONLY TRADE PULLBACKS
Trade active
The price just made a slight pullback, which is perfect because now we can move the price to breakeven and make it a risk-free trade.now we will monitor for more bullish momentum and follow using the 1 hour MA
Trade closed: target reached
Closed my order at the resistance area
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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.