Trading Idea: Pair has almost completed a double wave down
on the daily chart and it is approaching a key support zone
near 1.52. I believe we should soon see a reversal from this zone
Ideally we want to see a false break of
the trend line and then go long.
Target 1: 1.5350
Target 2: 1.5460
Stop Loss: Below the last low created before
entering into a trade.
on the daily chart and it is approaching a key support zone
near 1.52. I believe we should soon see a reversal from this zone
Ideally we want to see a false break of
the trend line and then go long.
Target 1: 1.5350
Target 2: 1.5460
Stop Loss: Below the last low created before
entering into a trade.
