Simple setup by price action analysis
No indicator, naked chart
-Price hit the support line and retesting it
-Price has broken the down channel
-Hammer candle appears
Price will continue to rise
Using a smaller time frame to get good entry points
R:R about 1:3
No indicator, naked chart
-Price hit the support line and retesting it
-Price has broken the down channel
-Hammer candle appears
Price will continue to rise
Using a smaller time frame to get good entry points
R:R about 1:3
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Update H4 chart:
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