If the price breaks the previously HL (114.355) We could see an change in the trend. and maybe be heading downwards
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there is actually forming an harmonic pattern X(113.834) A(115.168) B(114.349) C(115.427) D(114.012)
i therefore keeping my longs from 114.033 and expect an further upward trend.
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i will but more buy orders at 114.012
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closed my positions for the weekend and will see on sunday what the direction will be. i am sticking to my analysis and will probable add new buy positions in the 114.012 area, where the harmonic is completed. if it exceeds the harmonic, we probably will see a new down trend if it make an nes NSL
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Bought some lots at 8114.167) A bit earlier than the D point.
Stop loss at: (113.722)
Take profit 1 (115.188) Take profit 2 (116.098)
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bought some lots at (*114.167) typing error
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if the price don't break (114.087) than we will have an new HL because it is over the previously NSL at (113.809)
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i moved my stop lose to 113.617 Stil in for a long position
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lackjunkie
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yes! next level 115.190 .. we hope :)
Fx-AlphaStrats
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@lackjunkie,
is we dont break to a New structural low, than it is possible :)