Looking for a long position off the 1.6759 zone. Key factors:
- Price respecting and bouncing off key level
- 78.60% retracement level being respected
- MACD showing continuation of uptrend with new histogram being formed and lines crossing to the upside
- RSI has shifted to an up position indicating increase in strength
- The beginning of a bullish pin-bar candlestick formation
- Bullish trend-line being respected for the third time
RR: 4.04 ~ SL 16pips ~ TP 65pips
Entry: Once i get a confirmation of a bullish closed candlestick formation forming on the zone AND a break and retest on the small consolidation at the zone on the 15-30 minute time-frame i will execute the trade.
- Price respecting and bouncing off key level
- 78.60% retracement level being respected
- MACD showing continuation of uptrend with new histogram being formed and lines crossing to the upside
- RSI has shifted to an up position indicating increase in strength
- The beginning of a bullish pin-bar candlestick formation
- Bullish trend-line being respected for the third time
RR: 4.04 ~ SL 16pips ~ TP 65pips
Entry: Once i get a confirmation of a bullish closed candlestick formation forming on the zone AND a break and retest on the small consolidation at the zone on the 15-30 minute time-frame i will execute the trade.
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.