Daily, 4hr, 1hr are uptrends.
4hr + 1hr support zone 112.266 to 112.586
Looking to use the mini down trend (15m) to get a good buy entry. Waiting for this to happen now.
If it falls into support zone then the should be enough upwards momentum to carry the price higher, at least to previous recent highs and beyond.
BUY
Trade Entry Zone 112.300 - 112.600
SL 112.200
TP 113.166
Risk Reward 2.6
These ideas are to track my own study and research, do not trade real money based on these ideas and always do your own homework. I welcome any comments or advice.
4hr + 1hr support zone 112.266 to 112.586
Looking to use the mini down trend (15m) to get a good buy entry. Waiting for this to happen now.
If it falls into support zone then the should be enough upwards momentum to carry the price higher, at least to previous recent highs and beyond.
BUY
Trade Entry Zone 112.300 - 112.600
SL 112.200
TP 113.166
Risk Reward 2.6
These ideas are to track my own study and research, do not trade real money based on these ideas and always do your own homework. I welcome any comments or advice.
Comment:
Has entered the buy zone