Following the strong impulsive move up from yesterday, now this pair seems in correction mode.
Entry: ASAP
Stop: 0.103
Trailing stop: top trend line
Target #1: 0.0879 (0.618 fib retracement)
Target #2: 0.065 (previous support + global 0.618 fib retracement)
Entry: ASAP
Stop: 0.103
Trailing stop: top trend line
Target #1: 0.0879 (0.618 fib retracement)
Target #2: 0.065 (previous support + global 0.618 fib retracement)
Trade active
In the trade with base price @ 0.098. And move the stop to break even (since we might have a follow-up on the strong impulse from yesterday).Trade closed manually
Trade close with small profit following the top trend line breakout.
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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.