The price action has found support from the ascending trendline, leading to an uptrend bias. Now, expecting a retest before bullish continuation is feasible to place a long entry at the confluence zone. The ascending trendline meets the supply zone and encounters the Fibonacci level 6.18 for the entry-level.
The order:
Type: buy-limit
S/L: 22 pips - R:R | 1:2.5 -
T/P: previous resistance level
--
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The order:
Type: buy-limit
S/L: 22 pips - R:R | 1:2.5 -
T/P: previous resistance level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
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.