BCDUSD have a bear initiative at the moment.
The price formed a new mini balance with the range
1.64-1.76. While the price is in balance, we trade only from its borders.
Last impulse was "red" and it started from 1.7606. This level is a priority level.
If the price will breakout this level, we can open a buy positions.
Another buy level is support area 1.64-1.65.
Final Signal: Buy from support levels 1.64 or after breakout 1.76.
Buy: 1.7605 (after breakout)
Take Profit1: 1.85
Take Profit2: 1.95
Re-Enter: 1.65
Take Profit1: 1.75
Take Profit2: 1.85
Take Profit3: 1.95
Final Outlook: Balance, bear initiative
Final Signal: Buy from support levels 1.64
or after breakout 1.76
The price formed a new mini balance with the range
1.64-1.76. While the price is in balance, we trade only from its borders.
Last impulse was "red" and it started from 1.7606. This level is a priority level.
If the price will breakout this level, we can open a buy positions.
Another buy level is support area 1.64-1.65.
Final Signal: Buy from support levels 1.64 or after breakout 1.76.
Buy: 1.7605 (after breakout)
Take Profit1: 1.85
Take Profit2: 1.95
Re-Enter: 1.65
Take Profit1: 1.75
Take Profit2: 1.85
Take Profit3: 1.95
Final Outlook: Balance, bear initiative
Final Signal: Buy from support levels 1.64
or after breakout 1.76
Trade closed: target reached