Having just broken out of a fairly strong downwards trend line, I believe there is a new upwards trend forming on this pair that will see price rise. I have entered this long trade after seeing confirmation of a rejection of the trend line from the other side on the 1H timeframe, and have identified the following for a shorter-term long trade:
ENTRY PRICE: 128.5 - 128.6
STOP LOSS: 128.15 - 128.35
TAKE PROFIT: 129 - 129.125
ENTRY PRICE: 128.5 - 128.6
STOP LOSS: 128.15 - 128.35
TAKE PROFIT: 129 - 129.125
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.