Waiting for signal before going long/short

13 Ağu 2020

2 possible scenarios:

A: Possible retest of resistance/support zone. If price starts bouncing away from support, I will go long.

B: Possible head and shoulders pattern. If I see a break and re-test of resistance zone, I will go short.

13 Ağu 2020

İşlem aktif

Scenario is playing out. I'm going long! TP at resistance @ 1.18562, and SL below support zone @ 1.17162. Let's go!

14 Ağu 2020

İşlem aktif

lol, ok, so it looks like both scenarios have been playing out. Scenario B formed a bullish head and shoulders pattern, so Scenario A now looks like it is fully playing out as price is starting to go finally keep going up.

18 Ağu 2020

İşlem kapandı: hedefe ulaştı

Wohooo. Price reached TP!