The price did the move as we all anticipated, a beautiful 400 pips move down where we just target about 150.
However, after the major retest, we can see the price has made a rejection candle in the 4H time frame and hit trendline which is a good sign of continuing back up. The price may be back up to the 1950 golden zone as we all know.
Allow some beautiful confirmation in your trading and go for a good RR.
Never risk more than 0.5% risk on a single trade.
Good luck everyone.
However, after the major retest, we can see the price has made a rejection candle in the 4H time frame and hit trendline which is a good sign of continuing back up. The price may be back up to the 1950 golden zone as we all know.
Allow some beautiful confirmation in your trading and go for a good RR.
Never risk more than 0.5% risk on a single trade.
Good luck everyone.
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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.