Price line attraction is the ascending TL shown on chart below, Price will often try to find the TL which is in line with the long-term bullish target of 1.5110.
The most recent significant high(1.4660 mark), however, can serve as a moderate stop for technical shorts.
Heed your DD!
Nota
Comment: TP1 was successful, now price is back entry area
Trade chiuso: obiettivo raggiunto
TP1 has struck once more! This is now simply a grey area that can go either way; our bias is look for buy at first in line with the pair's underlying bullish outlook.
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