Bullish Scenario:
Currently price has rejected 0.068800 and if the current candle also reject the price level and creates a Bullish Engulfing above 0.072389, a possible consolidation might occur right above the price 0.072389 and if a clear break-out is later seen just above 0.075480 a buy stop order can be placed a little to target 0.081477
Alternative Scenario:
if price breaks consolidate below 0.072389 with a clear break below 0.068800 then a sell off is definite to target 0.059292.
Currently price has rejected 0.068800 and if the current candle also reject the price level and creates a Bullish Engulfing above 0.072389, a possible consolidation might occur right above the price 0.072389 and if a clear break-out is later seen just above 0.075480 a buy stop order can be placed a little to target 0.081477
Alternative Scenario:
if price breaks consolidate below 0.072389 with a clear break below 0.068800 then a sell off is definite to target 0.059292.
Comment:
Almost hit our target but seems there is a SUPPORT AREA I didn't take note of, anyway we killed it..
Trade closed: target reached:
Target reached! looking forward to other opportunities... if you are looking forward to learn how to trade professionally, kindly reach out for a one time fee of $100
Trade closed: target reached:
Target Reached, guys! if you are looking to have an in depth knowledge of how to analyse the market, I have a mentoring program for just $100. Anyway I provide analysis freely on here but there is more to what you see if you don't ask.