Price at the moment is consolidating at a strong support area.
Potential creating a cup and handle formation on H4, although I'm not a fan of this pattern, but worth to try (again). Ideally, the Cup&Handle pattern should be formed in Daily TF, but I guess I will found later. An "edge-ucating guess".
small risk with money management wise, entry for Long with TP 121.000 - 121.300 area fib retrace 0.5
and SL at below lowest nearest candle shadow, at 119.700
Always monitor your trading positions and ready to cut loss/profit manual.
Good Luck!
Potential creating a cup and handle formation on H4, although I'm not a fan of this pattern, but worth to try (again). Ideally, the Cup&Handle pattern should be formed in Daily TF, but I guess I will found later. An "edge-ucating guess".
small risk with money management wise, entry for Long with TP 121.000 - 121.300 area fib retrace 0.5
and SL at below lowest nearest candle shadow, at 119.700
Always monitor your trading positions and ready to cut loss/profit manual.
Good Luck!
Operación cerrada manualmente:
Closed manually +28 pips