We are seeing this pair follow the trend like clock work. We are either looking for a touch of the white trend line to enter another trade or a break of the maroon trendline. This Is a pair I’m already in. It was overbought and it failed to break resistance. This also perfectly touched the trend line and had a lot of bearish momentum. This will be a 90 pip win if this goes down in our favor.
Use proper risk management and do your own due diligence.
Use proper risk management and do your own due diligence.
Trade active
If you got in when it got within a few pips of the trendline you would be sitting at over 40 pips. If you got in at the break of the trendline it would be 33 pips right nowNote
Trade closed: target reached
92 pips secured!
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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.