I thing here we have constant higher high and higher lows... beside we have two support area (horizontal and diagonal)...
Also it is MTR .
we can expect a rally up to next resistance level.
As there are lots of SLs below the previous LL , it may attract brokers to hit the stops so the SL should be well bellow the previous LL...
Also it is MTR .
we can expect a rally up to next resistance level.
As there are lots of SLs below the previous LL , it may attract brokers to hit the stops so the SL should be well bellow the previous LL...
Trade active:
new SL 9.60
Trade closed: target reached:
✅