Expected retrace back down to 4hr trend line, recieved signal for long, stop reached (i expected), so potential for price to drop to trend line.
Third trend line touch, predicting (wanting) for price to rise back to resistance of trend line.
Price could also drop to lower daily support line, if so, then will re-evaluate trade idea.
Third trend line touch, predicting (wanting) for price to rise back to resistance of trend line.
Price could also drop to lower daily support line, if so, then will re-evaluate trade idea.
Trade active:
Comment:
Comment:
Comment:
Might consider second position if price continues toward trend line.