More Buying?
Updated
Bought this pair last week and reached what was our established target, will it go more? We'll see after consolidation...
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Just keeps going more and more, how high can we go?Note
A potential "cup with handle" or "ascending scallop" pattern is developing. More confirmation for more buying.Note
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Likely the final update for this trade. But it's always nice to look back on a trade and see what went right and what perhaps went wrong as well with our analysis. We had a big ride up definitely and then had some reason for losing confidence continuing up. Surely eventually we noticed some reversal patterns and divergence, then saw a reversal in trend easily reaching 2618 targets (about 600 pips) if you did the double top.
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