Bit late to the party with this one (actually forgot to post it Yesterday), but luckily there is still some ways to go for those favouring a cheeky long. Strong break from the bearish channel with a brief retest attempt of the 4H 200SMA. Target is the resistance area between the diagonal @ 0.672 and the Monthly R1 Pivot @ 0.674. Stop losses can be placed @ 0.662 still offering a R:R of greater than one.
Trade closed: target reached
Beautiful trade, worked out as hoped
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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.