Previous month has illustrated a ranging market. Breakthrough has occurred in the recent days and is slowly approaching psychological level of 1.3200 in which a possible rejection could occur.
This particular zone has also been proven to be a strong resistance several times this year.
SELL LIMIT order placed at 1.3200.
This particular zone has also been proven to be a strong resistance several times this year.
SELL LIMIT order placed at 1.3200.
Trade active:
SELL LIMIT EXECUTED AT 1.3200.
Rejection had occurred on the zone as predicted. Currently on 90+ Pip profit.
Rejection had occurred on the zone as predicted. Currently on 90+ Pip profit.
Trade closed: target reached