Mostly base on support and resistance line. as point by small arrows. as well as "CUP Formation" as point by YELLOW BOX.
The recommend entry for this setup as point by GREEN BOX is,
LONG @ 2.0000
STOP @ 1.9600
TARGET @ 2.2000
** The RED BOX indicated a intermediated support, where the long position should be exit when price move and its weekly candle closed below 1.9500. **
The recommend entry for this setup as point by GREEN BOX is,
LONG @ 2.0000
STOP @ 1.9600
TARGET @ 2.2000
** The RED BOX indicated a intermediated support, where the long position should be exit when price move and its weekly candle closed below 1.9500. **