I think my previous idea of short from high, is not valid now, because given the time and the percentage of price drop during that period exceeded my prediction. Meanwhile, yesterday's lowest low may become the new support line about 0.69746
Therefore, I am looking for a long opportunity in the coming one or two days to confirm the uptrend.
Therefore, I am looking for a long opportunity in the coming one or two days to confirm the uptrend.
Trade closed: stop reached:
SL: 0.69347
0.69736---0.69347
Loss: 38.9 Pips
Seems like I was wrong about the timing, the previous support line did not hold on.
0.69736---0.69347
Loss: 38.9 Pips
Seems like I was wrong about the timing, the previous support line did not hold on.
Trade active:
Long: 0.69925
Target: 0.71015
on 12/04/2017 we had a really good hammer at the bottom. Before this trade, I did long at the wrong timing. now it is the time.
Target: 0.71015
on 12/04/2017 we had a really good hammer at the bottom. Before this trade, I did long at the wrong timing. now it is the time.
Trade closed: target reached:
Closed: 0.70289
0.69925---0.70289
Gain: 36.4 Pips
0.69925---0.70289
Gain: 36.4 Pips
Target 1: 0.71021
Target 2 : 0.73375
SL: 0.69347
Risk/Reward ratio: 3.17 for T1