Price pullback to the ascending trendline for a deeper correction than expected, however now that is testing the trendline, it continues to show some bullish momentum. This price structure allows a new long entry with a better risk to reward ratio.
The order:
Type: buy-stop
S/L: 33 pips - R:R | 1:3 -
T/P: resistance level
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The order:
Type: buy-stop
S/L: 33 pips - R:R | 1:3 -
T/P: resistance level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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