in 4H chart :
Inverse head & shoulder
61.8% fibo retracement
4H support line
Buy :
Entry : 1.1213
Stop : 1.1190 (23 pips)
TP1 : 1.1240 (27 pips)
TP2 : 1.1280 (67 pips)
Inverse head & shoulder
61.8% fibo retracement
4H support line
Buy :
Entry : 1.1213
Stop : 1.1190 (23 pips)
TP1 : 1.1240 (27 pips)
TP2 : 1.1280 (67 pips)
Trade active
[img] Trade closed: target reached
First target reached .Profit = 27 pips
close half of positions and wait for second target
[img]
Note
Move stop to entry point
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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.