Firstly there is a support zone that the price respected. There is a strong downward trend that we are going against but there is a reversal pattern of head and shoulders. The pattern has not yet formed or confirmed but we move. This is not A signal but an idea.
Trade active
The trade is triggered. And there are massive profits, so please update your stop loss as we aim for the target or look for re entries.Trade closed: target reached
Very tricky pair. So the trade triggered and went to flirt with our Stop loss but our SL stood strong and went to reach our target swiftly. A lot of lessons learned.
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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.