Here an ascending triangle formation is created with a horizontal support, commonly recognised as a trend continuation pattern once there is break of the horizontal resistance.
IF a 1H bullish candle closes above the resistance
THEN set buy order at around 118.21
Target 1 - 118.44
Target 2 - 118.70
Credit to VasilyTrader for recognising this trade. I have posted here for my own use and log of my trades.
IF a 1H bullish candle closes above the resistance
THEN set buy order at around 118.21
Target 1 - 118.44
Target 2 - 118.70
Credit to VasilyTrader for recognising this trade. I have posted here for my own use and log of my trades.