Price on the daily and 4 hour are under all major EMA's, price on the 1 hour is currently fighting against minor support
Once price has broken this minor support i will enter the trade and aiming for around 0.8465
I will update the trade as we go, markets are still a bit quite into the new year. Use proper risk management.
Once price has broken this minor support i will enter the trade and aiming for around 0.8465
I will update the trade as we go, markets are still a bit quite into the new year. Use proper risk management.
Trade active:
Price has come down and hit 0.8465 as mentioned above, you can take profit here. I have taken 50% profit at this point and have moved stop loss to entry.
We are now in profit and we have now made this a risk free trade, lets see how the rest of this trade plays out.
We are now in profit and we have now made this a risk free trade, lets see how the rest of this trade plays out.
Trade closed: target reached:
2nd profit taken at 0.8455
Trade complete
Trade complete