Price has been moving within a channel as my H4 chart shows. Both channel extremities have been respected several times already.
The higher time frame confirms a bullish trend in place... these reasons and a tight stop give me all the reasons I need to take a long.
I will be doing that as soon as the Asian trading session settles down in a couple of hours.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management in all your trades.
The higher time frame confirms a bullish trend in place... these reasons and a tight stop give me all the reasons I need to take a long.
I will be doing that as soon as the Asian trading session settles down in a couple of hours.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management in all your trades.
Comment:
Got stopped out :(