Solid channel, looking for 200 pips either direction
There's a great channel on this pair, I'm looking for a break of the channel and a 200 pip run either direction.
For now I'm watching 1.7200 support or 1.7475 resistance, both look great for a break and a 200 pip move.
Pretty simple, if the break happens I only want to stay in the trade if the break out holds, any moves back into the channel will invalidate the set up for me, thus locking in profit very quickly.
For now I'm watching 1.7200 support or 1.7475 resistance, both look great for a break and a 200 pip move.
Pretty simple, if the break happens I only want to stay in the trade if the break out holds, any moves back into the channel will invalidate the set up for me, thus locking in profit very quickly.
Jared Johnson
Union Hedge Funds
Union Hedge Funds
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