Double bottoms have completed and the price is pulling back the 0.618RET which is also a good demand zone.
So it is good to buy at 1.667-1.670 levels when the price gives signals in the PRZ.
SL: below 1.662
TP1: 1.683
TP2: 1.690 and further more
Obviously, it is a short-term trade plan, but it is the beginning of the long-term weekly 2618 trade plan as below. If you want to get more, you should hold your positions patiently. If you have not entered the market yet, it is a good chance to enter again.
So it is good to buy at 1.667-1.670 levels when the price gives signals in the PRZ.
SL: below 1.662
TP1: 1.683
TP2: 1.690 and further more
Obviously, it is a short-term trade plan, but it is the beginning of the long-term weekly 2618 trade plan as below. If you want to get more, you should hold your positions patiently. If you have not entered the market yet, it is a good chance to enter again.
Trade active
A bullish pinbar appeared.Note
A double bottom formed.Note
Nice
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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.
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.