I have drawn two trend lines indicative of a bullish trend so I am looking to buy off the bounce.
We currently have a bullish engulfing candle pattern forming around the buyers zone so I would like to see the candle close as such and look at opening a buy order once the high of this handle pattern has been broken (confirming the move higher up). I have also marked areas of interest for take profit and stop loss placement.
Bear in mind that trading on H1 comes with much volatility so a lower strike rate is to be expected.
You can connect with me here:
Email : vernon@profitfx.co.za
Web : www.profitfxza.com/members
Telegram : t.me/joinchat/AAAAAD3D-mioKTZ0ol6S4A
Whatsapp : +27814603351
Feel free to read up on my own trading software I have developed here:
www.profitfxza.com/chartmaster
We currently have a bullish engulfing candle pattern forming around the buyers zone so I would like to see the candle close as such and look at opening a buy order once the high of this handle pattern has been broken (confirming the move higher up). I have also marked areas of interest for take profit and stop loss placement.
Bear in mind that trading on H1 comes with much volatility so a lower strike rate is to be expected.
You can connect with me here:
Email : vernon@profitfx.co.za
Web : www.profitfxza.com/members
Telegram : t.me/joinchat/AAAAAD3D-mioKTZ0ol6S4A
Whatsapp : +27814603351
Feel free to read up on my own trading software I have developed here:
www.profitfxza.com/chartmaster