After the descending wedge pattern breakout, we could expect the retest of the descending trendline from the pattern for an uptrend continuation. The price structure allows the setup of a long entry with an excellent R:R.
The price action has got rejected from a strong support level from the weekly realm, allowing the confirmation of an uptrend momentum.
The order:
Type: sell-limit
S/L: 26 pips - R:R | 1:2 -
T/P: aiming towards a support trendline.
--
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The price action has got rejected from a strong support level from the weekly realm, allowing the confirmation of an uptrend momentum.
The order:
Type: sell-limit
S/L: 26 pips - R:R | 1:2 -
T/P: aiming towards a support trendline.
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
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TWITTER
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FACEBOOK
facebook.com/ogfxtrader
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instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。