Price have formed an morning star at the end of a big sell impulse. Furthermore, the price have broken a descending trendline. Therefore we could take a buy on a strong demand zone
We could take a first entry when the price will come back to the instutional zone. There is a big head and shoulder and an other, smaller inside. We could move our breakeven when the price will go the trend and close approximatively 50% of the position on the first green line.
We could see that a beakout occured on a trendline at a bearish zone. The trend breakout have been confirmated by a breakout on smaller TF. We go in the direction of the trend in a bigger time unit. We also could see an evening star been formed on M30
