UC has started the month june with a startling descent and is hovering around 1,33777 for a couple of hours now
right at longer term Support / Resistance level and the 50% retrace on chart is around 1,33655
i have a long bias here but will cut when it gets below the 50% which could indicate a bigger down move coming
first long at 1,33777 risking 15 pips
right at longer term Support / Resistance level and the 50% retrace on chart is around 1,33655
i have a long bias here but will cut when it gets below the 50% which could indicate a bigger down move coming
first long at 1,33777 risking 15 pips
Note
Price missed my sl by 1 pip, followed by an engulfing H1 candlewill add to position if possible every 20 pips
Note
adding second position just under 1,34Note
Only 2 positions average longs 1,3387putting sl at breakeven +3pips
Note
closing second position for 25 pipsmoving sl on first position back to breakeven +3pips
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.