On the H4 chart the trend started on Oct.5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.61 This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.”
Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you!
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