This pair is making a correction following a corrective channel.
The price crossing the middle of the channel is my confirmation to long.
We have also the 0.50 fib retracement.
Targets are 1.27 and 1.61 fib projections.
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Managing is 60% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action.
Any respectfull and constructive ideas are welcome.
We all are here to learn sharing ideas, have fun and improve our performance.
The price crossing the middle of the channel is my confirmation to long.
We have also the 0.50 fib retracement.
Targets are 1.27 and 1.61 fib projections.
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Managing is 60% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action.
Any respectfull and constructive ideas are welcome.
We all are here to learn sharing ideas, have fun and improve our performance.