After price broke through the weekly resistance, it retraced back up and formed a bullish pin bar after forming a new 2 year low. The bullish pin bar rejected the new low indicating the bulls had regained their strength.
Entry: 0.68 Stop loss: 0.665 Take profit: 0.738
Disclaimer: This might take a couple of weeks to mature.
Note
Week 2: We are still slightly above break even. Nothing much has happened.
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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.