The squeeze in price to the downside is clear and I expect price to breakout within the next few hours.
Initial target to the nearest swing low but depending on price action this could be adjusted much lower.
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Always use sound money and risk management in all your trades.
Initial target to the nearest swing low but depending on price action this could be adjusted much lower.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management in all your trades.
Trade attivo:
This turned out to be an awesome trade. I have closed half of my position (as planned at the recent swing low) while the rest continues risk free. The positive swap does not hurt either.