Hi Guys,
This pair can either go long or short and will depend on how it reacts to upcoming resitance.
Previously, it has been breached but the price tumbled down quickly.
Now, if the resistance will be breached again, I'm targeting the previous high at 1.33804
If it fails to breached the resistance and breaks the trendline instead, I'm looking to short this trade at 1.30716
GOOD LUCK
This pair can either go long or short and will depend on how it reacts to upcoming resitance.
Previously, it has been breached but the price tumbled down quickly.
Now, if the resistance will be breached again, I'm targeting the previous high at 1.33804
If it fails to breached the resistance and breaks the trendline instead, I'm looking to short this trade at 1.30716
GOOD LUCK
Note
I haven't done anything regarding this pair yet since as you can see, it did not break the trend line nor the resistance. Let's wait!Trade active
Good luck!Trade closed: stop reached
I did close half of my position going up then it plummeted down.
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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.