This is a premature draft of my bullish setup. we need some confirmation.
Invalidation level at 1.1050
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If the price break above WPP next step should be at least 1.1175
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still going up, but not so strong
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small target area reached. now a little pullback could happen but i hope it will continue up a little more.
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if we drop below the dangerous area the trade could be at risk. Since i'm long from 1.1103 i will eventually edge my positions 'till 1.1050 if the price fall below 1.1100.
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Price actually sits in the "dangerous pullback zone". If the price reverse here next minimum target should be around 1.1200 Price can still fall lower to 1.1100 - 1.1050 ....
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facing first resistance area let's see
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closer to new target
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Even closer to next target but next 2 days will be full of news. Pay attention with your trades.
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Target reached. Now the price could come back a little in the area of 1.1170 - 1.1140. This can provide a new buy opportunity if the PA tell us. The price can also continue up to shark 1 target Let's wait where news will bring us today
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Downside still in progress. Let's see where Draghi bring us
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Here we are. Will it go UP or DOWN ?
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Shark target 1 reached :)
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I will continue with the daily setup
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OK, now the price reached a good level. At this point it can continue a strong up move or retrace. I personally took partial profit at 1.1345 and i will keep open a couple of long positions. I will wait for it to reach the shark target area 2 around 1.1415-1.1460 (strong resistance area). i moved Stop to BE and i will manually close the trades if PA tells me.
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