This pair is trading in a descending triangle, but expect it to break this trend around Dec 15.
RSI is moving in the overbought zone.
Possible ENTRY Point at 0.22893
Conservative EXIT point at 0.3575 —> @ 52% profit
Optimistic EXIT point at 0.4100 —> @ 78% profit
Placing a Take Profit in the first exit point is always a good strategy. 20-50% of the position, depending on your capacity of handling risks.
RSI is moving in the overbought zone.
Possible ENTRY Point at 0.22893
Conservative EXIT point at 0.3575 —> @ 52% profit
Optimistic EXIT point at 0.4100 —> @ 78% profit
Placing a Take Profit in the first exit point is always a good strategy. 20-50% of the position, depending on your capacity of handling risks.
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