Good morning,
-I'll be Taking this trade on grounds that the previous 1H candle closed a strong bulls and slightly above its previous candle's open.
Its on ASSUMPTION that price has found support on there.
-Since the trade is based on assumption and not any logical reason or print of a signal, ill place my stop loss below the low of the previous zone just to be safe.
-If i am right with this one, then price wont go below the previous low. If i am right, price may continue in an uptrend and probably take profit at the touch of the trendline.
-Good luck to you too if you choose to trade my analysis.
-I'll be Taking this trade on grounds that the previous 1H candle closed a strong bulls and slightly above its previous candle's open.
Its on ASSUMPTION that price has found support on there.
-Since the trade is based on assumption and not any logical reason or print of a signal, ill place my stop loss below the low of the previous zone just to be safe.
-If i am right with this one, then price wont go below the previous low. If i am right, price may continue in an uptrend and probably take profit at the touch of the trendline.
-Good luck to you too if you choose to trade my analysis.
Comentário:
This trade was actually a winner
This trade was actually a winner
Comentário:
Trade closed manually on touch of the orange zone at 1.08900
-We have more confirmation of an uptrend.
-Consolidation, Break and retest. Ill wait for the break again