Price has bounced off the major support level and moved up a but, then broke the previous high now being tested as support.
I am buying at market price 0.67721 and have my stop below the marked level
SL a@ 0.67500 below the minor support and
TP higher up around the previous high at 0.68290
**Check on the Daily time frame to see higher lows formed - this is a sign of a bullish market
Anything below 0.67570 could indicate bearish power in the market.
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in forex Bootcamp using the Telegram link below
I am buying at market price 0.67721 and have my stop below the marked level
SL a@ 0.67500 below the minor support and
TP higher up around the previous high at 0.68290
**Check on the Daily time frame to see higher lows formed - this is a sign of a bullish market
Anything below 0.67570 could indicate bearish power in the market.
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in forex Bootcamp using the Telegram link below
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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.