This pattern has formed by retesting the top of the descending trend line.
Price is around a Large round number (120.00) I expect a bit more retesting here before a bullish move upwards.
Risk reward ration is 1:3.5 (15pips is approx loss)
A good bullish candle closing above the line is required.
Price is around a Large round number (120.00) I expect a bit more retesting here before a bullish move upwards.
Risk reward ration is 1:3.5 (15pips is approx loss)
A good bullish candle closing above the line is required.
Commentaire:
Trade is proceeding as planned
Commentaire:
Trade reached take profit. Result!