H4 time frame.
Structure: Uptrend.
After a deep downward move, the price formed a consolidation area.
The price after a strong increase broke through the consolidation zone at 1.60900, there was a retest and there was a signal to increase again from this zone.
Here, waiting for the price to form a continuation candlestick pattern, you can buy with the profit target at the price of zone 1.62500 and 1.64500.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Uptrend.
After a deep downward move, the price formed a consolidation area.
The price after a strong increase broke through the consolidation zone at 1.60900, there was a retest and there was a signal to increase again from this zone.
Here, waiting for the price to form a continuation candlestick pattern, you can buy with the profit target at the price of zone 1.62500 and 1.64500.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.