A higher time does signal a possible deeper swing of the pair in question,however long range analysis shows that where we are to place our SL is also a possible swing back to our anticipated TP. we will therefore not be dismayed should our SL be hit,and will in turn serve as our reentry position and a further 250 units shift for SL2. entry at 1.61700 TP at 1.64000 max. SL at 1.61340 max.
Please be advised that our markets forecast a merely a forecast of what may be anticipated in the market and do not guarantee any success in trading. Trade with caution and use proper risk management.
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.
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.