Long term view. The price entered into the supply zone.
Expectations:
A) Bouncing down from red supply zone (resistance).
B) Breaking above that supply zone (resistance) means flipping into demand zone (support).
Expectations:
A) Bouncing down from red supply zone (resistance).
B) Breaking above that supply zone (resistance) means flipping into demand zone (support).
Trade chiuso: obiettivo raggiunto:
Took some months, but well...It's 2000 pips swing. :-)
Entry @ 134
SL @ 139
TP1 @ 124 (Risk Reward Ratio = 1:2)
TP2 @ 116