Long setup on this pair.
First, it is in an uptrend, so we can use this condition as a filter in which we discard any bearish position.
We then see the price go back to old levels and create a reverse shoulder head shoulder pattern.
A conservative and safe take profit can be the last high of the price, with a somewhat loose stop loss.
First, it is in an uptrend, so we can use this condition as a filter in which we discard any bearish position.
We then see the price go back to old levels and create a reverse shoulder head shoulder pattern.
A conservative and safe take profit can be the last high of the price, with a somewhat loose stop loss.