On daily chart :
-Fakey pattern appears
-Price is at the demand zone and an intersection trenlines
-Price is at the end of the falling wedge pattern
Target 1 :112.5
Target 2 :116
Target 3: 118
Can be buy with this pair
If there is another pin bar appears, your job is just to re-order.
The stop loss will be placed at the bottom of the last pin bar
If you trade safely, wait for the price breaks the falling wedge, then buy.
-Fakey pattern appears
-Price is at the demand zone and an intersection trenlines
-Price is at the end of the falling wedge pattern
Target 1 :112.5
Target 2 :116
Target 3: 118
Can be buy with this pair
If there is another pin bar appears, your job is just to re-order.
The stop loss will be placed at the bottom of the last pin bar
If you trade safely, wait for the price breaks the falling wedge, then buy.
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Update H4 chart :
Price has broken the falling wedge
I think it will adjust before rising again
Price has broken the falling wedge
I think it will adjust before rising again
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