The suggestion to go long some weeks back worked well.
Now we are on the other side of the fence, expecting to retrace a bit. We should SELL at current 1.2605 and keep stop-loss tight at 1.2657 max.
The channel is well-define, and i feel we will remain below or around the mid-range of the channel and come to lower boundary again. Further, the Moon Phase is new moon suggesting a correction down again.
the profit should be somewhere 1.2450.
Now we are on the other side of the fence, expecting to retrace a bit. We should SELL at current 1.2605 and keep stop-loss tight at 1.2657 max.
The channel is well-define, and i feel we will remain below or around the mid-range of the channel and come to lower boundary again. Further, the Moon Phase is new moon suggesting a correction down again.
the profit should be somewhere 1.2450.
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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.