I am not in the position yet, but this looks like a nice setup for the upcoming week. We will wait for price action at the bottom trend line. There is not only this trend line, but also a support zone. And since a bouce is more likely than a breakthrough, I will be searching for a good entry point here and putting SL under the lightblue support zone.
Trade active
All going great, my trend analysis has worked very nicely on this so far!
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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.