Cake is trying to breakout the downward channel we have on the hourly chart. Nothing confirmed yet, but if we see a beautiful breakout and retest then that's our trigger for the trade!
Stay sharp! At the same time it could potentially continue the downtrend so beware, trading against the trend, trading reversals are very risky unless you wait for a break of structure, change of character and the more confluences the better!
Stay sharp! At the same time it could potentially continue the downtrend so beware, trading against the trend, trading reversals are very risky unless you wait for a break of structure, change of character and the more confluences the better!
Commento:
First target met! 4.792 lvl and I think is going to test it again! Second target could be 4.9 but we'll have to see how it plays out!
Trade chiuso: obiettivo raggiunto:
First target met twitce and almost hit 4.9! I consider this a GG!!! in THE MONEY
Commento:
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