This ought to be good for a fairly low maintenance +400 points, although this is one of the less desirable $ Longs - vs. the EU and company, and the GBP - on the long run.
But for now ... It's good to go.
But for now ... It's good to go.
Trade closed manually
... and there is that +400 pips, I was pointing to.This pair has an yet, other +300 on the upside - obviously - but since all the European pair shorts [EUR/USD!) are superior to this one, after this point this pair is best for scalping, for some time.
Note
Easy-peasy (Long).
Trade closed: target reached
This pair had reached the target - Having raked in those +400 pips, off of that Hammer.It's time to reverse here - Short, with a tight stop(!), noting that last Daily Hammer, pointing in the opposite direction.
Note
This pair, having officially broken out to the Top Side, now pretty much cleared everything in it's way.This is now an all out drive for the next 1000 pips - all the way to 145.00.
E.g., This is a massive Long for the foreseeable future, there is no two ways about it.
Trade active
Buy it up!
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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.