On the daily chart the trend started on January 27 (linear regression channel). And it is still not closed according to my calculations.
There is a high probability of profit taking. Possible take profit level is 2.81
But we should not forget about SL = 1.84
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
There is a high probability of profit taking. Possible take profit level is 2.81
But we should not forget about SL = 1.84
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading