I'm taking this trade because price is at the support level on the daily and the 4hr TF. There is also a bullish engulfing candle on the 4hr TF. I also see a Double Bottom/ W pattern forming on the 4hr and the 1hr TF. Do you agree with this idea comment below ! order:buystop entry: 1.08082 tp #1: 1.08296 tp #2: 1.08492 tp #3: 1.08691 tp #4: 1.08894 tp #5:...
Price is in an uptrend however I see a good opportunity to catch a quick counter trade. Price was rejected at the resistance level multiple times.