After some retracement, time to be the bull again
I have simple rule for multiple days retest on same level in which usually a sign of reversal. Other than other confluence, that is the deciding factor to go long on this pair
Double retest bottom, descending channel and now should be the break to the upside
Back to demand zone and different days retest, start showing bullish move. SL under the low of demand zone
Let the market decide the break from the triangle and go with it, no trade for now
Great opportunity to sell this pair from important zone
Hit demand zone where might retest the high
After retest of the level, seems not able to make progress upward
Has been waiting for price to drop and at this level seems align for a good move down
After those whipsaw , triple bottom formed which give us opportunity to buy
nice zone to buy and after the hammer, it is more convincing
It was hitting important level so lets wait the price break the stiff trendline and go short
I marked the next target based on retracement and it coincide with important level
Only sell after trendline break, not now
I assume that the retracement is complete after retest and start moving up . Ideal entry with 1:7 risk reward ratio