Hello traders,
I am happy to announce that the short trade I had proposed when the price was at 99.70 has completed and it is currently at the 61.8 Fib Support. 30 pips away is the Lower border of the smaller trend line. I expect some pull back from this level before we can arrive at any further entry. But I do not advice on a long entry based on the smaller trendline support at this point.
The short trade has earned an awesome 370 pips and I think its time we took a break from this currency pair and look at other pairs with different set ups.
Happy trading and happy pippin!
I am happy to announce that the short trade I had proposed when the price was at 99.70 has completed and it is currently at the 61.8 Fib Support. 30 pips away is the Lower border of the smaller trend line. I expect some pull back from this level before we can arrive at any further entry. But I do not advice on a long entry based on the smaller trendline support at this point.
The short trade has earned an awesome 370 pips and I think its time we took a break from this currency pair and look at other pairs with different set ups.
Happy trading and happy pippin!
