Hello Dear traders & welcome to Growing Forex
As you know according to my previous idea the feds were dovish & the price broke above the daily high & is currently trading higher.entry at the breakout of pennant but it has already broken the trend line while writing.possible entries are the resistance as shown in the chart.
wait for the completion of the 3rd wave to exit your trade.after the correction of the 4th wave try creating pockets & wait for the signal to buy.once getting the signal target area between 1.0828 - 1.0917.
Events to follow : Non economic monetary policy (EUR)
NOTE : Please leave comment for any quires.
Trade at your own risk.
Good-Luck,
Regards,
Growing Forex.
As you know according to my previous idea the feds were dovish & the price broke above the daily high & is currently trading higher.entry at the breakout of pennant but it has already broken the trend line while writing.possible entries are the resistance as shown in the chart.
wait for the completion of the 3rd wave to exit your trade.after the correction of the 4th wave try creating pockets & wait for the signal to buy.once getting the signal target area between 1.0828 - 1.0917.
Events to follow : Non economic monetary policy (EUR)
NOTE : Please leave comment for any quires.
Trade at your own risk.
Good-Luck,
Regards,
Growing Forex.