Price is forming a falling wedge pattern.
Will wait for it to reach the bottom of the pattern to form the 3rd touch as part of pattern completion before looking to enter LONG.
Please Note:
Just knowing the direction of the next move will not help being profitable in the long run.
There is a lot more to it with regards to the entry technique and trade management after entering the trade.
If you look at my previous trades, 90% are impulsive moves covering about average of 80-100 pips.
So you need to make sure you enter the trade at the right time and manage the trade to get to squeeze maximum amount of pips from it.
Comment below in case if you need to know how to do it.
Will wait for it to reach the bottom of the pattern to form the 3rd touch as part of pattern completion before looking to enter LONG.
Please Note:
Just knowing the direction of the next move will not help being profitable in the long run.
There is a lot more to it with regards to the entry technique and trade management after entering the trade.
If you look at my previous trades, 90% are impulsive moves covering about average of 80-100 pips.
So you need to make sure you enter the trade at the right time and manage the trade to get to squeeze maximum amount of pips from it.
Comment below in case if you need to know how to do it.
Order cancelled
Looking for impulsive move with a potential of +80 pips in profit.
And will look to add in more trades as the price progresses and market gives me an opportunity which could double / triple the pip value as price progresses.
DM or comment below if you need to know the precise entry values if interested.