Price is currently at support level as seen on the chart 4h time frame The risk to reward is very promising with this trade We likely will.keep this trade open for the next 2 days good luck!
Note
Break even we entering again at 0.883 zone
Trade active
We going all in and take the risk of a buy enter now 0.8834 SL 0.882 we have more to gain than to lose, lets do this!
Trade closed: target reached
Closing at 0.9041 This was a swing trade set up and was a great analysis 100+ pips closing it because of powell speech tomorrow which will be dovish for the USD
Note
The last trade on this pair fulfilled my forecast perfectly with 100+ pips Although the bulls are in control I expect a big drop to happen one reason it will happen is because of the speech Powell give tomorrow which I believe will be dovish for the USD.
Trade active
Trade closed: target reached
Taking profits 0.9000 Due to the upcoming news this set up was approximately 45 pips If you took it
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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.