If I haven't shamelessly promoted it enough already, last week was a great week of trading and it was good to see our EURUSD position from August 17th not only achieve 1st targets, but breach an important level of resistance as well. I'm assuming you've seen the video on how we got involved so let's get straight to the next opportunity at hand which is waiting for a potential pullback and a chance to enter long again.
Just like the NZDJPY there are 2 killzones that I would keep my eye on. the first comes between the 1.1890's to 1.1860's level, while the next one features at the 1.1827's to 1.1770's zone.
The break & close above resistance to end the week was important, but it'll be very interesting to see how the market reacts after having a few days to digest the news. Either way, I'm hoping to see continued buying pressure on this pair as I look to trail stops as we go up and re-enter (for the Syndicate account) if we retrace. There's tons of opportunity before our next key resistance zone as started in the video.
Akil
Love the new Dark Theme on TradingView!!
Just like the NZDJPY there are 2 killzones that I would keep my eye on. the first comes between the 1.1890's to 1.1860's level, while the next one features at the 1.1827's to 1.1770's zone.
The break & close above resistance to end the week was important, but it'll be very interesting to see how the market reacts after having a few days to digest the news. Either way, I'm hoping to see continued buying pressure on this pair as I look to trail stops as we go up and re-enter (for the Syndicate account) if we retrace. There's tons of opportunity before our next key resistance zone as started in the video.
Akil
Love the new Dark Theme on TradingView!!
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