I would like to see a further lowest low, following with a start or hammer to end this downtrend. Watch for long opportunity.
The more "obvious" trade/trend, the more risky it is, less profitable it could generate. So most of the time, I spotted the beginning the trend, if it is not what I would expect, I would stay away from it.
See Statement link below before you follow any ideas, Cheers.
The more "obvious" trade/trend, the more risky it is, less profitable it could generate. So most of the time, I spotted the beginning the trend, if it is not what I would expect, I would stay away from it.
See Statement link below before you follow any ideas, Cheers.
Note
Seems today we will have a hammer at the bottom of the trend. Lets wat and see what will be the next move.Trade active
long: 118.399Target 1: 119.316
T2: 120.790
Note
Today we have a hammer which set up the support line about 116.850. Let see what will happen in another one or two days. If there is a confirmation signal , I will still be holding.
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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.