The price broke the local uptrend line and moved sideways. If we get a breakout below 0.91000 support level, it will be a bearish signal. The market will confirm a downward movement to the nearest support levels. If so, it gives us a possible sell opportunity.
Entry Price: below 0.90975
Stop Level: above 0.91250
Profit Level: at 0.90425
Risk per trade must be no more than 1% of your capital. If the price breaks the stop level, we will have to search for a new trade opportunity. If the price reaches 0.90700, move stop orders to breakeven.
Entry Price: below 0.90975
Stop Level: above 0.91250
Profit Level: at 0.90425
Risk per trade must be no more than 1% of your capital. If the price breaks the stop level, we will have to search for a new trade opportunity. If the price reaches 0.90700, move stop orders to breakeven.
Comment:
It is possible to move stop orders into breakeven and fix a part of profit.
Trade closed: target reached
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