We caught a very nice long in my previous setup:
Looks we are having corrective move after the breakout...price is retesting the broken trendline and 0.618 retracement.
There is very good entry area with great R:R ratio.
Technically:
- 0.618 retr
- retest of broken trendline
- possible iH&S pattern
- important SR zone
TPs marked on chart.
Trade responsibly.
Looks we are having corrective move after the breakout...price is retesting the broken trendline and 0.618 retracement.
There is very good entry area with great R:R ratio.
Technically:
- 0.618 retr
- retest of broken trendline
- possible iH&S pattern
- important SR zone
TPs marked on chart.
Trade responsibly.
Trade active
Trade closed: target reached
TP1 & TP2 hit.Trade closed: target reached
TP 3 hit, trade closed.
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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.