Touching an 8-hour timeframe resistor.
There is also a daily resistance that has caused a FAKE BREAKOUT in the previous encounter.
Breaking the trend line by ERC candle.
The above reasons have led to an uptrend and an ENGOLF in daily time has stabilized it.
It is also possible to create a pullback, which is why I set STOP LOSS below the 8-hour resistance.
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From a classical point of view, head and shoulders pattern has attracted my attention
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When tp1 is passed, I check the situation and apply capital management, and I also trail my sl on the entry point.
There is also a daily resistance that has caused a FAKE BREAKOUT in the previous encounter.
Breaking the trend line by ERC candle.
The above reasons have led to an uptrend and an ENGOLF in daily time has stabilized it.
It is also possible to create a pullback, which is why I set STOP LOSS below the 8-hour resistance.
---
From a classical point of view, head and shoulders pattern has attracted my attention
--
When tp1 is passed, I check the situation and apply capital management, and I also trail my sl on the entry point.