The pullback was exactly what we expected as price has hit a strong resistance level. Would prefer to let the price drop a bit further down before taking a long position. We have 3 TP levels depending on the degree of pullback. Let price action tell us the correct entry point. Another pair which provides fantastic potential for doubling your trading capital!
The price has reached a resistance level and is at the upper Bollinger band. We shall wait for a pullback before taking a long position. TP is set at the next resistance level.
The price is currently seated at the upper Bollinger band. The upward trend is strong but it has a strong resistance. We shall wait for a pullback for a better entry before taking a long position.
