UPTREND in H4 TF.
resistance 129.300 with consolidation support make a higher low.
BUY under resistance and give a buffer SL 128.600.
resistance 129.300 with consolidation support make a higher low.
BUY under resistance and give a buffer SL 128.600.
Yorum:
I saw at least 4 times rejection in area of resistance.. meanwhile EJ is in uptrend and the price has a respect MA 50 in 4H TF. I take a look in higher time frame which is Daily timeframe.
and notice that right now, the price is not good as area of value. price is far enough from MA 20 which it possible to retest 128.200.
I will see how price moving in area 128.200, if there is no price rejection or confirmation candle in 4H TF,i'll set buy limit order at 127.400.
and notice that right now, the price is not good as area of value. price is far enough from MA 20 which it possible to retest 128.200.
I will see how price moving in area 128.200, if there is no price rejection or confirmation candle in 4H TF,i'll set buy limit order at 127.400.
Yorum:
Yorum:
if price close lower low in H4 timeframe.. it could be possible test the nearest swing low arround 128.200
if price close lower low in H4 timeframe.. it could be possible test the nearest swing low arround 128.200
in H1 TF make a higher low