On the H1 chart the trend started on October 5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 1.2587
But we should not forget about SL = 1.2033
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
There is a high probability of profit taking. Possible take profit level is 1.2587
But we should not forget about SL = 1.2033
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
Trade active
NEW TP = 1.2420Trade active
Don't forget, NEW TP = 1.2420.Trade closed: target reached
Profit 381 pips.
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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.