Please support this idea with LIKE if you find it useful.
1 - Scenario
Initiate Long.
Entry - 1.32673
TP - 1.38493
SL - 1.30844
2 - Scenario
Initiate Long
Entry - 1.41153
TP1 - 1.48836
TP2 - 1.54123
TP3 - 1.58114
SL - 1.41153
Reason: Price formed Double Bottom. Price was supported by Pivot Point.
-If you are conservative trader you can consider initiate a position only on breakout of horizontal resistance
-please in 2 scenario consider puttin your stop-loss under resistance zone if it fits you R/R ratio
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
1 - Scenario
Initiate Long.
Entry - 1.32673
TP - 1.38493
SL - 1.30844
2 - Scenario
Initiate Long
Entry - 1.41153
TP1 - 1.48836
TP2 - 1.54123
TP3 - 1.58114
SL - 1.41153
Reason: Price formed Double Bottom. Price was supported by Pivot Point.
-If you are conservative trader you can consider initiate a position only on breakout of horizontal resistance
-please in 2 scenario consider puttin your stop-loss under resistance zone if it fits you R/R ratio
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.