Since the beginning of the month, price action has continued to respect the bullish trend line identified in the 4H timeframe and we are hoping to catch one last bullish move if it finally happens. A significant breakout of key levels during the course of yesterday's trading session could probably be a signal for a trend continuation in the nearest future as long as the price does not break down the bullish trendline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Comment:
Price action appears to be forming a reversal structure within the "buying opportunity zone" identified in the video. The first entry-level was just adjusted to 125.470 (breakout of the reversal neckline) while other entries remain valid. Let's see what happens as price action is been monitored
Trade active
Trade active:
88pips in total running in profit (s2 positions); we want to lock in some profit at this point.
Trade closed: target reached:
225pips profit in total (2 positions); Thank you
Comment:
Trade smart. Trade consciously
