EU Long

9 Eki 2022D: Downtrend, respecting the highs
4H: Uptrend, broke above trendline for the BUY, retracing 50% so far
1H: Downtrend, Price retraced 50% and hit -61.8% @ 1HR support level + RSI is bullish divergence

CURRENTLY: I am looking for price to drop a bit more to retest the 4HR downtrend trendline (green) and go long to previous 1HR resistance area

14 Eki 2022

İşlem aktif

If you draw the 4H trend line out, you'll see that this was a very good entry at a new low, near previous support. Price climbed up and finding a bit of resistance at the bottom of that support/resistance zone.

I'm going to hold a bit more for TP2 to hit the previous resistance.
I took TP1 at first 1H zone.

18 Eki 2022

İşlem elle kapatılmış

Close trade and took TP @ 0.9800 hitting resistance .