Buy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092.
Reason for the trading strategy (technically):
Price has bounced up perfectly from our buying area once again and is on track to our profit target. We remain bullish above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci extension,...
Buy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092.
Reason for the trading strategy (technically):
Price has bounced up perfectly from our buying area previously and is on track to our profit target. We remain bullish above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci...
Buy above 0.6992. Stop loss at 0.6955. Take profit at 0.7091.
Reason for the trading strategy (technically):
Price is now testing major support at 0.6992 (Fibonacci retracement, horizontal support, Fibonacci extension) and we remain bullish above this level for a push up to 0.7091 resistance (Fibonacci retracement, horizontal overlap resistance). When price...
Buy above 0.7176. Stop loss at 0.7137. Take profit at 0.7240.
Reason for the trading strategy (technically):
We prepare to turn bullish above 0.7176 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7240 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (21,5,3) is seeing strong support at the 10% level...
Buy above 0.7176. Stop loss at 0.7137. Take profit at 0.7240.
Reason for the trading strategy (technically):
Price has dropped nicely and is reaching our profit target perfectly. We prepare to turn bullish above 0.7176 support (Fibonacci retracement, horizontal overlap support) for a push up to 0.7240 resistance (Fibonacci retracement, horizontal overlap...
Buy above 0.7119. Stop loss at 0.7044. Take profit at 0.7242.
Reason for the trading strategy (technically):
Price is approaching major support at 0.7119 (Fibonacci retracement, Fibonacci extension, horizontal support) where we expect a bounce up to at least 0.7242 (Fibonacci retracement, horizontal swing high resistance).
Stochastic (21,5,3) is seeing strong...
