Price has been moving up for 5 days. Green doji on the 1D yesterday on 2/2/2021. Looks like we have a slow in bullish momentum and we will pull back. Looking for signs of an entry near our next 1D support at 104.50. Aiming for 1D resistance at 105.50. Updated SL @104.10, TP @105.5
Simple idea
Simple idea
Order cancelled:
Price did not come back down to retest but went straight up to 105.50. By looking at a higher timeframe.. 1W, it looks as if this is a big 1W resistance we are about to hit