#Morpho

Throughout April, only posting without opening positions, validating what I've learned, validating my trading system. All trades use a 1:3 risk-reward ratio.

Morpho currency has formed a strong support level on the four-hour chart, with RSI showing divergence. On the short-term 15-minute level, there has been a significant breakout followed by a pullback, continuously testing the 144 and 169 Vegas channels, forming a narrowing wedge.

Bullish, open position at 1.1701, stop loss at 1.137, take profit at 1.271.

Personal insights, not investment advice.

A hardworking learning novice!