Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price has reached the upper bound of a higher time frame (HTF) bullish continuation structure, forming a mid time frame (MTF) continuation pattern. Following this, we have a LTF bearish impulse and bullish reversal structure and followed by a bullish continuation structure on the LTF to determine an entry point for the trade.
Expectation: An upward move is anticipated, initially targeting the top of the HTF structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
Entry: The price has reached the upper bound of a higher time frame (HTF) bullish continuation structure, forming a mid time frame (MTF) continuation pattern. Following this, we have a LTF bearish impulse and bullish reversal structure and followed by a bullish continuation structure on the LTF to determine an entry point for the trade.
Expectation: An upward move is anticipated, initially targeting the top of the HTF structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
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.