We have a possibly a cup and a handle pattern in development,
Pay attention to price action and if price will make a handle like structure or descending channel you can enter long after breaking green line with target as per chart.SL should below low of handle / channel.
Pay attention to price action and if price will make a handle like structure or descending channel you can enter long after breaking green line with target as per chart.SL should below low of handle / channel.
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We have had claer breakout and retest of trendline / resistance on lower timeframe.
Therefore up move should continue utiltarget reached.
Therefore up move should continue utiltarget reached.
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Very good progres.
Trade stängt: Stopp nått
