I can see a volatility contraction on this pair. I think soon it will break up. I suggest to set BUY STOP order like displayed and wait for entry. Set SL ( yellow line) just after BUY STOP activation is done, not sooner. You can see two TP zones. First one is very strong resistance area. I have no doubt that big pullback will hapen but also reversal can. So please TP at least 75% of your profit in this area. After you TP the first TP 75 % zone, move your SL to entry line (red) and wait till the pullback ends. If the price go above 42k move your SL again to up to TP1 to secure your profit. Never let your profit to disappear. Resist to keep all of the position till upper TP zone. This is not financial advice, but I believe it will works. I wish you good luck.
Note
Move SL to TP1 line.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
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Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.