Background:
- Bullish reversal candle formed with bullish divergence near weekly support area @ 1.374
Entry:
- Buy stop @ 20 pips above last week high @ 1.3852
SL:
- Below today's candle low @ 1.37
PT:
- Near to next resistance area @ 1.41
- Bullish reversal candle formed with bullish divergence near weekly support area @ 1.374
Entry:
- Buy stop @ 20 pips above last week high @ 1.3852
SL:
- Below today's candle low @ 1.37
PT:
- Near to next resistance area @ 1.41
Trade closed: target reached:
Updates - 11 March 2017:
- Profit target reached with 260 pips profit
- Price have been in bullish mode since the start of this trade
- The price now is testing the 1.42 resistance area
- Would keep a close eye on this area to look for potential short trade (or long trade if breakout and retest at that area)
- Profit target reached with 260 pips profit
- Price have been in bullish mode since the start of this trade
- The price now is testing the 1.42 resistance area
- Would keep a close eye on this area to look for potential short trade (or long trade if breakout and retest at that area)