Hi there, thank you so much for stopping by this analysis.
How did we get the zones and the levels?
1. We started with the daily time frame to check the trend. Bullish !
2. We came down to 4H time frame to mark the important levels or key zones.
3. We came down to 2H chart from were we can see a bullish red hammer pattern with a long down wick.
4. We came down to Hourly chart to confirm and spotted a green candle which confirms the possibility of a reversal.
This trade should be taken on HOURLY or 30 Min chart with at least 9.5% target in mind.
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Thanks for reading! No matter if this trade will be a loss or a profit, setup will be my most important priority followed by letting the winners run & cutting the losers short.
Feel free to note down your thoughts in the comments section ! Happy trading.
How did we get the zones and the levels?
1. We started with the daily time frame to check the trend. Bullish !
2. We came down to 4H time frame to mark the important levels or key zones.
3. We came down to 2H chart from were we can see a bullish red hammer pattern with a long down wick.
4. We came down to Hourly chart to confirm and spotted a green candle which confirms the possibility of a reversal.
This trade should be taken on HOURLY or 30 Min chart with at least 9.5% target in mind.
------------
Thanks for reading! No matter if this trade will be a loss or a profit, setup will be my most important priority followed by letting the winners run & cutting the losers short.
Feel free to note down your thoughts in the comments section ! Happy trading.
Emir iptal:
No green candle to take an entry.