Hello,
I rarely trade breakouts in this manor as trend-lines can be projected in different ways by different eyes.
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The price in general has been ultra bullish against the dollar with the DXY struggling to keep any gains.
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A breakout on the daily pushed the price through the previous resistance and channel trend-lines.
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A push up to test highs (Target) within the next 5/10 days is expected.
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Good luck if you join me on this trade :)
I rarely trade breakouts in this manor as trend-lines can be projected in different ways by different eyes.
-
The price in general has been ultra bullish against the dollar with the DXY struggling to keep any gains.
-
A breakout on the daily pushed the price through the previous resistance and channel trend-lines.
-
A push up to test highs (Target) within the next 5/10 days is expected.
-
Good luck if you join me on this trade :)
Comment:
Trade triggered and after hitting 1R, DXY pulled back and trade closed out for entry.