On the daily chart you can see a Up Trend started on December 2018. Price bounced up from the trend line last week, so I expect a move up at least touching the last Neckline @1.63. Today we will see if Price really found support @1.61. I already opened my trade with a SL @1.605 because Price could jump up very fast very soon.
I will just wait and see. Be patient and let the market do the work!
I will just wait and see. Be patient and let the market do the work!
Trade closed: stop reached:
Got stomped out today, but I still think the setup is valid so I will wait till the next opportunity to go long. Unless the trend line gets broken.