With price action forming a clean HH&HL pattern, and price reversing right from the rising trendline for an uptrend confirmation momentum allows the placing of a long entry, expecting the next bounce for the following order
The order:
Type: buy-limit
S/L: 37 pips - R:R | 1:2 -
T/P: aiming towards a previous swing high.
--
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The order:
Type: buy-limit
S/L: 37 pips - R:R | 1:2 -
T/P: aiming towards a previous swing high.
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, 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
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.