We are looking at the EURUSD pair. We can see a trend line going upwards. As usual, the movement in a trend line is Higher Highs (HH) and Higher Lows (HL). At the moment you can see from the chart that I have shared, it is at HH. Therefore, It will be making a Higher Low here after. The two lines that I have plots (Yellow Dotted) are both 2 different Take Profits (TP). One is 20 pips and the other is 50 pips.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.