With price bouncing apart from a rising trendline from D1, it has found consolidation form the Fib level 5.0. Overall looking for the pair remains bullish.
In H1, MACD bullish bias supports the short trend. Now if price action can manage the breakout of the current level a buy-stop entry can be placed, allowing the following setup:
Price action in a pullback
The order:
Type: buy-stop
S/L: 37 pips - R:R | 1:2 -
T/P: aiming at the resistance level in confluence with the 200MA
In H1, MACD bullish bias supports the short trend. Now if price action can manage the breakout of the current level a buy-stop entry can be placed, allowing the following setup:
Price action in a pullback
The order:
Type: buy-stop
S/L: 37 pips - R:R | 1:2 -
T/P: aiming at the resistance level in confluence with the 200MA
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.