Hello traders,
Following on from my last trade idea, we managed to bag 88 pips in the end. The reason i puled out was because of the accumulation phase/Pullback
We have now pulled back to a decent price where we have seemed to have confirmed the new LOD. Now i will be looking to take it to the price of 1.1750. once we break the 1.16 price i will look to trail my stop loss
I will place live updates as i go.
Safe trading
Following on from my last trade idea, we managed to bag 88 pips in the end. The reason i puled out was because of the accumulation phase/Pullback
We have now pulled back to a decent price where we have seemed to have confirmed the new LOD. Now i will be looking to take it to the price of 1.1750. once we break the 1.16 price i will look to trail my stop loss
I will place live updates as i go.
Safe trading
Comment:
I forgot to add, the are we are pushing up into is a thin volume area so in theory you should see the market move quickly to the next important area.
Comment:
Area*
Comment:
We are pushing long nicely, im looking for a break of the 1.16 price before i start to get comfortable and start trailing my stop.
Trade closed manually:
I have closed this trade because we are struggling top push past the 1.16 price - also we are creating a pattern to go short so all i do now is wait for a better opportunity