Price action in a bullish trend forming HH&HL, in a correction at the moment, is heading towards the ascending trendline, matching the entry for a long play at the golden FIB level 618.
Price uptrend momentum could reach the resistance level from a previous H&S pattern from last month, exactly where the T/P level will be placed.
The order:
Type: buy-limit
S/L: 56 pips - R:R | 1:2.5 -
T/P: next resistance level
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Price uptrend momentum could reach the resistance level from a previous H&S pattern from last month, exactly where the T/P level will be placed.
The order:
Type: buy-limit
S/L: 56 pips - R:R | 1:2.5 -
T/P: next resistance level
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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