After the price broke out of the pennant, it formed a bullish momentum thus a highest price @0.56.
The price has formed a falling channel, which might be a strong indicator of a bullish momentum. Let us wait for it to break out and retest the zone.
Entry after retesting - 0.495, Stop loss @0.46, Tp1 = 0.53, Tp2 = 0.565 , and Tp3 = 0.6
R: R is 1: 3
Remember, risk 1-2 % of your account.
The price has formed a falling channel, which might be a strong indicator of a bullish momentum. Let us wait for it to break out and retest the zone.
Entry after retesting - 0.495, Stop loss @0.46, Tp1 = 0.53, Tp2 = 0.565 , and Tp3 = 0.6
R: R is 1: 3
Remember, risk 1-2 % of your account.
Kommentera:
Now, place your trades and wait.
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