The price moves in a falling wedge pattern, there is a high probability that the price will increase in the near future.
Entry around 1.084xx
SL: around 1.081xxx
RR: 1:2 or 1:3
Entry around 1.084xx
SL: around 1.081xxx
RR: 1:2 or 1:3
Comment:
1H candle: pin bar with high volume -> SOS, wait for the no-supply sign to appear
Comment:
Wait a pull back
Comment:
Price moving down, pay aatention to the sos signal, if it appears with low volume, the test successful, then we can Buy
Comment:
Price moving as expected. Keep plan.
Comment:
8/7/2023: The current day candle has lower volume than before. Be careful. Maybe the price will pull back to test again. Closing a part of profit is essential.
Comment:
11/7/2023: Day-Volume down, demand is weak, maybe price will pullback, be carefull.
Trade closed manually