The daily chart shows we have solid support between 93.58 and 98.70. Recent price action with a long wick pin bar confirms my bias.
As shown on my H4 chart, I am looking for a break above the trendline with a retest to confirm my bias and to go long.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management and stay patient in all your trades.
As shown on my H4 chart, I am looking for a break above the trendline with a retest to confirm my bias and to go long.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management and stay patient in all your trades.
Trade closed manually
The bullish move did occur, but was short lived. I closed the trade at break-even.
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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.