Last week was quite okay. Though, my weekly target was met,
I missed some easy trades. I aim to avoid that this week. Getting into trading
mode already, I have a fine pattern here.
It is an uptrend on 4-hour time frame. The green line is a
Fibonacci retracement-retracement cluster; and it is in confluence with a
rising channel. It is a good sign.
I intend to go long immediately a reversal bar forms on the
confluence. Stop Loss would be set below the most recent swing low and target
would be set at 1.1005.
Trend lines before the target may serve as resistance.
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