The price could not reach the forecasted TP from the previous short position, unable to break the demand zone, the price has gained some force from buyers changing the previous downward bias.
Long entry was filled after the EMA's golden cross and heading towards the TP level around the descending trendline.
The order:
Type: buy-stop
S/L: 21 pips - R:R | 1:3 -
T/P: confluence zone
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long entry was filled after the EMA's golden cross and heading towards the TP level around the descending trendline.
The order:
Type: buy-stop
S/L: 21 pips - R:R | 1:3 -
T/P: confluence zone
--
*** 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
Related publications
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.