This pair is trading in a descending triangle, but expect it to break this trend around Dec 15.
RSI is moving in the overbought zone.
Possible ENTRY Point at 0.22893
Conservative EXIT point at 0.3575 —> @ 52% profit
Optimistic EXIT point at 0.4100 —> @ 78% profit
Placing a Take Profit in the first exit point is always a good strategy. 20-50% of the position, depending on your capacity of handling risks.
RSI is moving in the overbought zone.
Possible ENTRY Point at 0.22893
Conservative EXIT point at 0.3575 —> @ 52% profit
Optimistic EXIT point at 0.4100 —> @ 78% profit
Placing a Take Profit in the first exit point is always a good strategy. 20-50% of the position, depending on your capacity of handling risks.
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.
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.