Well, in the previous analysis, I predicted that the price of this pair will be of bearish momentum. The movement enabled us to take profits @ 92.5 and 91.5. The price is back at the major resistance zone. And I anticipate that this might be the last bullish attempt before the price goes back to bearish momentum.
I am adding my entries @ 93.5.
Tp 1 @ 92.5, Tp2 - 91.5, Tp3 - 90.5, Tp4 - 89.5.
My SL is @ 94.5 thus making my R:R = 1: 4.
Remember, risk only 1 -2 % of your account.
I am adding my entries @ 93.5.
Tp 1 @ 92.5, Tp2 - 91.5, Tp3 - 90.5, Tp4 - 89.5.
My SL is @ 94.5 thus making my R:R = 1: 4.
Remember, risk only 1 -2 % of your account.
Trade closed: stop reached
Stopped out.Let me look for a buying opportunity!
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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.