Hello,
We are bouncing on the 0.618 on the daily chart. It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair.
Entry : 144.30
Take profit : 149.02
Stop : 143.73
Risk/Reward ratio : 7.7
Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks about Brexit.
I aim for a retest at least of the previous top around 149.
MACD just resetted to 0 level, it's a healthy move if it bounces up here.
If you made money on this trade, please mind dropping a like :)
We are bouncing on the 0.618 on the daily chart. It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair.
Entry : 144.30
Take profit : 149.02
Stop : 143.73
Risk/Reward ratio : 7.7
Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks about Brexit.
I aim for a retest at least of the previous top around 149.
MACD just resetted to 0 level, it's a healthy move if it bounces up here.
If you made money on this trade, please mind dropping a like :)
Trade active
And moving in the good way :)
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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.