uscad at S/R leveland close to 50% retrace
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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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