This trade is based on cross time frame analysis where the 4 hour, daily and weekly all show technical signs of reversal. On the 4 Hour we can see the formation of a double bottom, the daily has a morning star and the weekly is developing a pinbar. My stop loss will be based under the double bottom and incorporating the psyco number - learn to trade like a pro boafx.co.uk
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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.