4015_Possible Trend reversal (Bullish setup)

1 мая 2024 г.

4015
**Bullish Points:**
Price at significant support level (Volume profile) confluence with 78% fib level
Bullish divergence is observed
Small entry can be taken now (Aggressive)
Further entry can be taken after descending channel breakout, or
at next support level 118.6 (DCA strategy)

**Bearish Points:**
Price is moving in downtrend, series of LH/LL
H&S pattern breakdown and retest of neckline

Current stop loss is specified
Trail stop loss if price goes up
Place SL below 118 (DCA strategy)

2 мая 2024 г.

Сделка активна

Closing is above the channel top
A good sign, however, low volume does not support proper breakout

Entry can be taken now with SL below 132 [Aggressive] and/or after breakout of neckline (136) [conservative]