Hello all - DuncanForex here with another trade idea
After the quick scalp on Friday, price action is cycling higher this afternoon
Multiple ways to trade - on the daily chart - you can enter on the break of the high
I am also looking to enter on the retrace overnight to see if the area I have shown in the picture holds as support and if it does I am in on Buy Limit orders.
This is with a double bottom looking to be printed and confirmed if the 1.1250 area is broken, however I am looking to get in at the bottom of the move and not at the top.
DuncanForex is now live
Head over for lots of content.
Thanks for looking
Duncan