Daily candle closed just above 1,3000.
Price has been making higher lows.
A bullish pinbar formed on horizontal and dynamic support.
Target at 2+R
Stop below previous swing low and historical S&R level.
Price has been making higher lows.
A bullish pinbar formed on horizontal and dynamic support.
Target at 2+R
Stop below previous swing low and historical S&R level.
Trade closed manually:
Daily candle is about to close below the wedge and shows short term rejection of higher prices. Not keeping this one open over the weekend.
Comment:
I think first we will see lower prices before we see higher.
