Price broke the downtrend line and passed through the kumo. DMI confirms trend market conditions and strong up movement. We can buy above 113.35 with stop orders below 111.00 level. Profit target is at the resistance level.
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
DLavrov
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@patterntrader, thanks for your comment! There are a lot of different trading ideas and it's great! You can follow which you like.
Thank you for sharing this chart. Continue your good work.