CHART TIMEFRAME: D1
PATTERN: BULLISH WHITE SWAN
PREDICTED PRICE ACTION: Bullish White Swan Harmonic Pattern would be completed at D 0.72100. Possible retracement towards Fibonacci 38.20 and 61.80.
TRADE: LONG
AREA OF ENTRY: 0.72100 – 0.71950
STOP LOSS: 0.71700
TAKE PROFIT 1: 0.72600
TAKE PROFIT 2: 0.73200
EXTENDED TARGET: 0.73800
NOTE: Wait for the price meets the area of entry. Since the pattern on the Daily Chart wait for the daily closing. This is a midterm setup.
Close 50% of the positions at TP1 and move SL to entry level.
Keep your risk limited 1% of your account size.
PATTERN: BULLISH WHITE SWAN
PREDICTED PRICE ACTION: Bullish White Swan Harmonic Pattern would be completed at D 0.72100. Possible retracement towards Fibonacci 38.20 and 61.80.
TRADE: LONG
AREA OF ENTRY: 0.72100 – 0.71950
STOP LOSS: 0.71700
TAKE PROFIT 1: 0.72600
TAKE PROFIT 2: 0.73200
EXTENDED TARGET: 0.73800
NOTE: Wait for the price meets the area of entry. Since the pattern on the Daily Chart wait for the daily closing. This is a midterm setup.
Close 50% of the positions at TP1 and move SL to entry level.
Keep your risk limited 1% of your account size.
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Link to services and products: linktr.ee/chartreaderpro