Demand zone+H4 Rsi oversold+ Weekly double bottom
Trade active
Note
The market playing well in our favor, + 53 pips. I hope you guys did not forget to place your stop loss @ breakeven.Note
The importance and the necessity of the stop loss (@ breakeven, in this case) are major since we have another demand zone about 90 pips down from the current price. The market can easily drop to the area of 0.8640 - 0.8590.Note
+ 70 pips! now @ 0.8800. You can close the position or keep risking but place your stop loss now @ 0.8765Trade closed manually
+ 90 pips. I'm out of the trade @ 0.8820
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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.