UJ continue to be short, but looking at 108.75 for long
although 110 could be tough nut to crack, there is an ab-cd move completion at 108.75 area, as well as a daily MA in the region (currently at 108.48) and the 50% retracement from the last long leg up from 100 level to 118.5
placing buy order with stops under the aforementioned MA
placing buy order with stops under the aforementioned MA
Trade attivo:
TP on my short was hit, and now long
Commento:
partially TP with 300pips in the bag on the long.
Trade chiuso: obiettivo raggiunto
there is also a channel bottom - so a confluence of 4 'indicators' if you will to support this trade idea.
good luck
appreciate the feebback