Overall uptrend.
Daily
Price still in triangle.
Above Daily SR and shows signs of bullishness
4H
Healthy uptrend from Daily SR.
Closes above = continue
Due to formation of candles above SR level and good buyers support
I expect bullish breakout as shown on picture.
Entry 97.30
TP 98.70
SL 96.70 - slightly below last low of day before breakout.
RR 2.35
Daily
Price still in triangle.
Above Daily SR and shows signs of bullishness
4H
Healthy uptrend from Daily SR.
Closes above = continue
Due to formation of candles above SR level and good buyers support
I expect bullish breakout as shown on picture.
Entry 97.30
TP 98.70
SL 96.70 - slightly below last low of day before breakout.
RR 2.35
Trade closed: stop reached
-57pips
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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.