This pair has generated thousands of pips since bounce of bottom support area. See past trade idea.
Indicators:
1. Currently at a support and looking to reach the next resistance area.
2. Strong bounce off up weekly channel
3. Created higher highs on 2-4 hr time frame
Entry:
1. Current price of 1.6418 (support area)
2. 1.6340 area at lower support area
TP 1: Next Resistance at 1.6590 area
TP 2: Higher Resistance at 1.6850 area
Remember: Always look left, when trading.
Good luck everyone!
Charles V
cvfxmanagement.com
Indicators:
1. Currently at a support and looking to reach the next resistance area.
2. Strong bounce off up weekly channel
3. Created higher highs on 2-4 hr time frame
Entry:
1. Current price of 1.6418 (support area)
2. 1.6340 area at lower support area
TP 1: Next Resistance at 1.6590 area
TP 2: Higher Resistance at 1.6850 area
Remember: Always look left, when trading.
Good luck everyone!
Charles V
cvfxmanagement.com
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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.
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.