Potential reversal towards upward
Potential reversal towards upward.
SMC bottom reached. On 4H - MFI goes up, bulls go up, ADX above 27 and DI+ crossed DI-.
Entry: 1.2466-1.2755, Stop loss: 1.15
TP1 - 1.47 (75%), TP2 - 1.85 (25%), Expected average close: 1.567, RR - 3.60
Risk: Loss 0.6% of deposit
After reaching TP1, SL to 1.28
SMC bottom reached. On 4H - MFI goes up, bulls go up, ADX above 27 and DI+ crossed DI-.
Entry: 1.2466-1.2755, Stop loss: 1.15
TP1 - 1.47 (75%), TP2 - 1.85 (25%), Expected average close: 1.567, RR - 3.60
Risk: Loss 0.6% of deposit
After reaching TP1, SL to 1.28