Long bias on this pair...first barrier to break is 0.75000 and then straight to 0.75800 levels. Entry is solid with a re test of the break out from the counter trend line as well as current price action around the 50ema. After we have reached D levels we can expect the price to reverse, activating short positions, to make a lower low.
Note
stop losses were moved to break even as we moved 20 pips into profitNote
53 pips profit now..Trade closed manually
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.
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.