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Daily trend-line broken as looking at H4 will see more detail, second waive rally finish correction, looking for 3rd waive rally potential in trade waiting the engine restarting. 1,3 was higher high 2,4 was higher low RRR 3:1 was a good trade to participate for short term trading. For fundamental investor here also a good level to initiate position for...
Thank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish. Breakout from long term resistance of 18.84 and the shaded box consolidation range, followed by correction with the lower shadow touching 50% key level and closing up exactly at the mentioned 18.84 level. Stop-loss: 18.54, the open price of the breakout candle; or 18.46,...