Price recently broke out of a minor consolidation. May continue up is bullish volume is significant. High risk trade so will only be risking 50% of what I normally risk.
If price is able to reject and hold above 2.28000 will be entering a 1:4 RR entry.
Note - Price is trading below the HTF ascending trendline. Could turn into bearish market structure at some point.
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Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.
If price is able to reject and hold above 2.28000 will be entering a 1:4 RR entry.
Note - Price is trading below the HTF ascending trendline. Could turn into bearish market structure at some point.
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Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.