Here is why we want to trade this trade:
1) The low of last weekend is at 38050
2) There is a harmonic pattern with its stop loss at this level (patterns turn here also)
3) There is a lot of divergence now
4) Strong support at the 38000 level
This pair moves really fast so a 200 pip stop loss is imperative.
1) The low of last weekend is at 38050
2) There is a harmonic pattern with its stop loss at this level (patterns turn here also)
3) There is a lot of divergence now
4) Strong support at the 38000 level
This pair moves really fast so a 200 pip stop loss is imperative.
Trade active
Pair has moved 200 pips. We are up 2% but our target is 38,800! 
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.