By looking at the chart, we can see the pair has been moving in a bearish direction for several day. We are starting to see sign that we might have a reversal on our hands.
We see a breakout of our key level which also signals a change in market structure from bearish to bullish. If we look around the low of June we can see a inverse
head and shoulder pattern has formed together with the breakout of the neckline area. This could also pass a triple bottom pattern formation at the low of the previous month.
List of confluences:
1: Head and shoulders
2: Triple bottom
The risk reward for this trade currently stands at 1 to 6.7 with our target around the high of June. The entry is at the test of the key level as indicated by the arrows on the chart.
Never risk more that 2% of you account on any single trade.
We see a breakout of our key level which also signals a change in market structure from bearish to bullish. If we look around the low of June we can see a inverse
head and shoulder pattern has formed together with the breakout of the neckline area. This could also pass a triple bottom pattern formation at the low of the previous month.
List of confluences:
1: Head and shoulders
2: Triple bottom
The risk reward for this trade currently stands at 1 to 6.7 with our target around the high of June. The entry is at the test of the key level as indicated by the arrows on the chart.
Never risk more that 2% of you account on any single trade.
액티브 트레이드
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.