Hi Traders!
The market is in a Range.
Key Structure:
Category:
- Trend Change
- Breakout Trading
- Swing Trading
- High Swing Trading
Description:
The market is falling since a very long time on the daily Timeframe.
It is respecting the Trendline.
The idea is about the bullish Breakout of the daily Trendline.
In addition the H1-Trendline is supporting the market.
The target is the next Resistance.
The SL is under the next Support.
We recommend to trade the Breakout with a Retest!
Thanks and successful Trading :)!
The market is in a Range.
Key Structure:
- Resistance @ 0.94878
- Support @ 0.93857
- Trendline "Daily Key Trendline" - descending, resisting
- Trendline "H1-Strong Trendline" - ascending, support
Category:
- Trend Change
- Breakout Trading
- Swing Trading
- High Swing Trading
Description:
The market is falling since a very long time on the daily Timeframe.
It is respecting the Trendline.
The idea is about the bullish Breakout of the daily Trendline.
In addition the H1-Trendline is supporting the market.
The target is the next Resistance.
The SL is under the next Support.
We recommend to trade the Breakout with a Retest!
Thanks and successful Trading :)!
Note
This is the RED BOX, but in Big:
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.
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.