juliandelplancq

USDCZK 18/09/2022

Long
OANDA:USDCZK   USD/CZK
Monthly: We have 2 -27 fib completions that haven't reached just yet
Clear uptrend

Weekly: Bullish M

Daily: We had a nice false break, the IC pushed the price up very strong. Since then we had 3 small corrective daily candles.
There is no real 'strong' daily zone that could push the price lower. Thats why im looking for an inv h&s

4H: Before the big 4h bullish reversal cande, we had a beautiful bearish W which completed the bearish move.
Multiple fib completions around our entry and just below.
Stop loss is bigger, entry price is higher because spread on excotics could be high
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