Pair has been trending up in an ascending triangle pattern. Currently testing lower trendline. Looks good for a long, retest of the recent highs.
My tp/sl may be adjusted depending on how the trade plays out.
Target - 158.20
Stop - 157.25
My tp/sl may be adjusted depending on how the trade plays out.
Target - 158.20
Stop - 157.25
Trade closed: stop reached:
Still sitting on the longer term trend line, as seen in chart. It's looking a little heavy and may break or fake break out. Will keep an eye on it for a possible reversal at support. Looking at candles and patterns on the 1hr, 4hr, and daily charts.