251013 - 12:40 UTC
Reason for Trade:
Looking for medium term trade, about a week. Strong bullish pressure building towards secure resistance zone @ 1,6250
Entry:
I would like to see the price move at least 1 x ATR above R zone about 30 pips. So, will buy @ 1,6280.
Exit:
Take profit is set, optimistically, @ 1,6477
Assuming the R zone will become a Support zone, I will exit if price reverses 20 pips below S/R zone 1,6229.
Other: I am going to resist making adjustments to news releases. I want to see if my trade can look after itself.
Reason for Trade:
Looking for medium term trade, about a week. Strong bullish pressure building towards secure resistance zone @ 1,6250
Entry:
I would like to see the price move at least 1 x ATR above R zone about 30 pips. So, will buy @ 1,6280.
Exit:
Take profit is set, optimistically, @ 1,6477
Assuming the R zone will become a Support zone, I will exit if price reverses 20 pips below S/R zone 1,6229.
Other: I am going to resist making adjustments to news releases. I want to see if my trade can look after itself.
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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.
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.