1- Double Bottom coupled with Divergence and followed by Convergence.
2- Correction happened in the form of Bullish Flag.
3- After correction strong Bullish Impulse.
4- AB = CD pattern anticipated.
5- Therefore, one can expect a push to the upside.
6- Look for BUY Entry after correction, not (when price action is) on the way down.
2- Correction happened in the form of Bullish Flag.
3- After correction strong Bullish Impulse.
4- AB = CD pattern anticipated.
5- Therefore, one can expect a push to the upside.
6- Look for BUY Entry after correction, not (when price action is) on the way down.
Trade active
TP1 hit.220 pips from Entry.
Take partials and move SL to Entry
Trade closed: target reached
TP hit.320 pips from Entry.
Trade concluded in 17 days
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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.