Summary:
- Note that this is against general trend which is down.
- Observed strong support with price breaking above resistance line 0.66555
- Looking to take advantage of short term long with take profit level at 0.6745.
- Price also formed higher higher and poised to move higher, but could be short term retracement before going long.
- If my idea is wrong, i look to get out at 0.6622
Idea:
Long at 0.6664
SL: 0.6622
TP: 0.6745
- Note that this is against general trend which is down.
- Observed strong support with price breaking above resistance line 0.66555
- Looking to take advantage of short term long with take profit level at 0.6745.
- Price also formed higher higher and poised to move higher, but could be short term retracement before going long.
- If my idea is wrong, i look to get out at 0.6622
Idea:
Long at 0.6664
SL: 0.6622
TP: 0.6745