My expectation of this pair is for it to continue up towards the top of the longer-term ascending channel for a third touch. Once the price is at this level My bias would then be short, that is probable. However, what is possible is a long term break, this is why I will wait for confirmation before taking a position.
A break from the descending channel confirms a long position, once the pullback to the 50% fib was confirmed with momentum to the upside I entered.
Entry - 1.26708
SL - 1.26418
TP - 1.29729
Depending on price action I may close half my position halfway to my TP target.
SL will be moved to breakeven once the first pullback and continuation have happened.
A break from the descending channel confirms a long position, once the pullback to the 50% fib was confirmed with momentum to the upside I entered.
Entry - 1.26708
SL - 1.26418
TP - 1.29729
Depending on price action I may close half my position halfway to my TP target.
SL will be moved to breakeven once the first pullback and continuation have happened.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.