We can see in H1 chart, after 80% Fibonacci retracement taking, chart has formed H1 CHoCH (change of character). So, it ensure bullish market view started. After hitting H1 OB(order block) market has formed internal CHoCH (i-Ch) which reinforces bullish view. So, at this moment aggressive trader take market price long position and Safe trader will wait for internal inducement (i-X).
We can expect 5-6% profit in swing trading and 15-20% profit in short positional investment.
We can expect 5-6% profit in swing trading and 15-20% profit in short positional investment.
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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.