SETUP: Ascending Trendline.
ENTRY: Break and retest off the above resistance.
SL: 1% of account.
TP 1: 0.727.
TP 2: 0.73.
Note: AU looks like it is ready to turn over, price has reached support on higher frames and started consolidating. Recently creating higher lows. If price breaks above the current black resistance I'm looking for price to reach the TP listed above.
ENTRY: Break and retest off the above resistance.
SL: 1% of account.
TP 1: 0.727.
TP 2: 0.73.
Note: AU looks like it is ready to turn over, price has reached support on higher frames and started consolidating. Recently creating higher lows. If price breaks above the current black resistance I'm looking for price to reach the TP listed above.