I think this chart talks for it self.
In my opinion this market is currently bottoming out after forming a huge falling wegde. A falling wedge is traditionally a exhaustion pattern, and looking at this chart there is quite a chance for decent move higher. I am expecting to see a dynamic move higher towards 1.65/66 from there we will see a corrective leg towards 1.62/61 and followed by another dynamic move towards the 1.70 handle or even 1.77 depending on the fundamental developments regarding brexit.
I am personally planing on going long at 1.5930/5900 with a stop below 1.58 and my first target is 1.65 and then i will reevaluate and look for maybe more...
Good Luck, Please don't trade without Stop-Loss and proper risk management..
All the best.
In my opinion this market is currently bottoming out after forming a huge falling wegde. A falling wedge is traditionally a exhaustion pattern, and looking at this chart there is quite a chance for decent move higher. I am expecting to see a dynamic move higher towards 1.65/66 from there we will see a corrective leg towards 1.62/61 and followed by another dynamic move towards the 1.70 handle or even 1.77 depending on the fundamental developments regarding brexit.
I am personally planing on going long at 1.5930/5900 with a stop below 1.58 and my first target is 1.65 and then i will reevaluate and look for maybe more...
Good Luck, Please don't trade without Stop-Loss and proper risk management..
All the best.
トレード稼働中
I entered half of my position @ 1.5980 with a stop @ 1.5930. My target is 1.6500.This entry is based on lower timeframe price action.
I will keep an option to enter the remaining half of my position or reenter at better price if my stop gets taken out, thats why i only took half of my position size.
トレード稼働中
Reentered @ 1.5900 full position size with stop @ 1.5790 looking for a move towards 1.6500トレード稼働中
Current price: 1.6050 / Moved my stop to 1.5900, a risk free trade gunning for a big move higher towards 1.6500.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。