-Several Confluences. Keep it simple
-Price Action moving within Bullish Channel
-Price just tested 38.2% pivot and bounced right off with heavy support in that line on the daily timeframe
-Should create a new higher high in the few weeks to come
-You can set your SL below the trend line channel and TP @ 1.618 level or exit before that. Do not forget to bring SL to entry or 20 pips in profits to run risk free. Markets can be very volatile these days.
-Purely Educational, Do not take this trade without doing your own analysis. 😎
Have a good weekend!
Thank you for reading
Cheers
Rocket Trading Co.
-Price Action moving within Bullish Channel
-Price just tested 38.2% pivot and bounced right off with heavy support in that line on the daily timeframe
-Should create a new higher high in the few weeks to come
-You can set your SL below the trend line channel and TP @ 1.618 level or exit before that. Do not forget to bring SL to entry or 20 pips in profits to run risk free. Markets can be very volatile these days.
-Purely Educational, Do not take this trade without doing your own analysis. 😎
Have a good weekend!
Thank you for reading
Cheers
Rocket Trading Co.