Update on the BUY position on this pair on Friday we hit the first easy target for the position which was the previous weekly swing low in the current downtrend.
You can read the related post to find out the reasons for this entry as it's went exactly as expected reacting well @ the weekly DEMAND/BUY level at 0.62 which is were we entered with 500 pips profit banked the position is closed
Final target looks to be the weekly SUPPLY/SELL area aroun 0.68 we could well get a quick rally up here early this week and then a SELL off you should be looking for selling opportunities as price approaches 0.68 above would be a bad idea to buy into this area.
If looking to buy would wait for a pullback to 0.65 and under :)
You can learn alot my reading through my related posts you will learn how to find huge opportunites that produce trades that bank hundreds of pips at a time.
You can read the related post to find out the reasons for this entry as it's went exactly as expected reacting well @ the weekly DEMAND/BUY level at 0.62 which is were we entered with 500 pips profit banked the position is closed
Final target looks to be the weekly SUPPLY/SELL area aroun 0.68 we could well get a quick rally up here early this week and then a SELL off you should be looking for selling opportunities as price approaches 0.68 above would be a bad idea to buy into this area.
If looking to buy would wait for a pullback to 0.65 and under :)
You can learn alot my reading through my related posts you will learn how to find huge opportunites that produce trades that bank hundreds of pips at a time.
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Access my Weekly Swing trade setups here - www.forexcopierpro.com/forex-signals-page-info
Join Telegram group -https://t.me/+T7V_JSiKKsliMTJl
