The Pivot based downtrend line on the 4H chart is officially broken. This is why I remain bullish, although on the 1H chart we see a rising wedge, which could indicate a reversal.
For now, I keep my trade open and slightly keep moving my stop loss higher until I see a sell signal.
This is not financial advice, but meant for educational purposes.
As always, Do Your Own Research!
If you agree, please give me a thumbs up or leave a comment. Thanks! Happy trading :-)
Trade fechado: stop atingido
My stop loss got hit. Decent profit so I'm happy with this trade.
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