Dear my friends,
After I check the Alpha price on the weekly frame. The result was a breakout and a retest.
Two pinbars at the bottom have formed. Order entry conditions are too good.
Start diving into the date frame. Price is finding the resistance area at 0.88 to retest. This is an important price zone to overcome.
Passing this price zone is very important to continue to the next 2 resistance zones.
But when observing the Ichimoku cloud, the price is approaching the cloud spiral area and the opportunity to break the downtrend is coming very close.
I think it's time to enter an order.
If the weekly closing price is below the support level, I will exit the order.
Best Regards,
After I check the Alpha price on the weekly frame. The result was a breakout and a retest.
Two pinbars at the bottom have formed. Order entry conditions are too good.
Start diving into the date frame. Price is finding the resistance area at 0.88 to retest. This is an important price zone to overcome.
Passing this price zone is very important to continue to the next 2 resistance zones.
But when observing the Ichimoku cloud, the price is approaching the cloud spiral area and the opportunity to break the downtrend is coming very close.
I think it's time to enter an order.
If the weekly closing price is below the support level, I will exit the order.
Best Regards,