jake86

jake86

long position double bottom, with divergence breakout of decsending channel.

jake86

price has broken from downtrend channel with a strong bullish candle this indicates the bull run is on the cards I will wait for a slight retracement then enter long on the retest of channel break out. confirmation is daily bull candle now price is up trending

jake86

I've watch this pair for a few weeks now, I had a nice entry from the top but did not take it this price has bounced off channel resistance looking for price to head to weekly support level 1.5700 as a take profit area

jake86

long position

jake86

nice little gold entry following the rules

jake86

I see a nice risk and reward on this trade