- Potential double bottom formed on the 1hour chart and a W shaped formed
- 4hour chart indicating a reversal pattern as there is a bullish hammer showing and the trend is sitting on a support line
- volume has driven the 7am candle higher than the previous 2 other 4hour candles showing there is an appetite for bullish market
- 2 TPs set inline with previous price levels
- MACD line crossing signal line showing a potential change in direction
- 4hour chart indicating a reversal pattern as there is a bullish hammer showing and the trend is sitting on a support line
- volume has driven the 7am candle higher than the previous 2 other 4hour candles showing there is an appetite for bullish market
- 2 TPs set inline with previous price levels
- MACD line crossing signal line showing a potential change in direction
Trade closed: target reached:
Took slightly longer than expected, but TP1 hit
Trade closed: target reached:
Hit TP2