khalighian

khalighian Updated 

All clear Breaking the resistance, pullback and then hope to continue the trend…

khalighian Updated 

Simply now it's hitting the trend line for the third time, the SL is under the start of the trend, where is a very safe zone and still we can get a good Reward-Risk ratio, if the price active our buy limit. p s : the candle stick pattern also supports this trade.

khalighian Updated 

I believe it is forming a kind of major rend reversal, also it has broken the support zone and now is pulling back... it could go to down to the next support zone.

khalighian

I missed the most part of this spike but at least it worth a shot of setting a buy limit at a price that can gives us a good R/R ratio. Actually I think there is very low possibility that this trade ever become active...

khalighian

I had to set on weekly timeframe so that the support and resistance zones be clear. In daily timeframe we had candle stick conformation too. I think it is a bull market and the price is on a consecutive bull candle, it's a breakout that passed the recent resistance zone and I hope to continue to at least next resistance zone without pulling back to the upwarding...

khalighian

I see the successive higher highs and higher lows... the third touch of the channel I put a buy limit.