We have a strong weekly signal for long position and also behavior of price on supports is telling us LONG is the right choice. (Recommend you to look at weekly chart). Daily chart is telling us long position is the right choice :) Now we expect a correction throught we will enter in our long positions. One position already bought, another ones follows.
In this promising currency we are in correction and we are waiting for entering n long position. In picture you can see zone where we are expecting bounce and going UP. We are expecting about 80 %
We are just entering in most important zone in this currency pair. Moving in this zone will tell us what is going to happend in next several days. There are two possible scenarios. In the first one price will close above this zone and after small correction we are going higher. The second scenario is: price will bounce back down to support S1 or S2 and then will...
We can expect move atleast to the resistence at top. We'll what will happen then. In case price will close above resistance we can still hold position. In case of conslidation or rejection is better to take TP or set SL to BE+.