On the 4 hour time frame, it shows a downward channel and price has broken out of the channel and starting to retest a key level.
If price shows wick rejections and bullish sentiment, I would be buy bias.
3 different targets are plotted at 1.60000, 1.61500 and 1.62500 with a SL of 38 pips below structure.
However, 1.62500 would be for longer term.
A minimum total of 28% could be gained as multiple positions can be added when given the chance.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
If price shows wick rejections and bullish sentiment, I would be buy bias.
3 different targets are plotted at 1.60000, 1.61500 and 1.62500 with a SL of 38 pips below structure.
However, 1.62500 would be for longer term.
A minimum total of 28% could be gained as multiple positions can be added when given the chance.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.