The fundamentals for today are in line for a long position on this pair. The state of the market in the 1H chart is an uptrend. The highest price of yesterday's new york session is breached with around 20% and after this there was an 61,8% pullback (Fibonacci). On the 3M chart there's an confirmed V-formation and 1st test. Stops are below the V-formation we're aiming for the latest higher point on the 15M Chart.
Trade attivo:
Entry Price: 126.202
Stop-loss: 125.992
Target: 126.472
Stop-loss: 125.992
Target: 126.472
Trade chiuso manualmente:
Closed at: 126.389, price was ranging after hitting the target of 126.472