Entry point: Buy at any price between 0.58 and 0.62.
Stop Loss: @First candlestick close under 0.56 on hourly chart.
Target one: @0.80.
Target two: @0.97
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Note: Don't risk more than 5% of what you have in your trading account. Usually, one hour chart signals are not as accurate as the signals on 4 hours and daily chart. Also, keep in mind our previous post about the retracement on the daily chart. The success of this signal depends on whether the retracement is going to happen on the daily chart or not. It's possible to hit the stop loss if retracement happens on the daily chart. For more information about retracement, see the previous post.
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Good luck
Stop Loss: @First candlestick close under 0.56 on hourly chart.
Target one: @0.80.
Target two: @0.97
.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Note: Don't risk more than 5% of what you have in your trading account. Usually, one hour chart signals are not as accurate as the signals on 4 hours and daily chart. Also, keep in mind our previous post about the retracement on the daily chart. The success of this signal depends on whether the retracement is going to happen on the daily chart or not. It's possible to hit the stop loss if retracement happens on the daily chart. For more information about retracement, see the previous post.
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Good luck