Price has taken out previous highs after bouncing from the lower parallel of the blue median line, reaching 86.200 area. From that level it started a correction retracing and is about to reach and test once again the lower parallel of the set. Going long at the retest is a nice idea.
Entry: 84.653
Stop-loss: 84.2544
Take profit: 85.608, 86.410
If price reaches the first tp move your stop-loss at breakeven to the second one.
Entry: 84.653
Stop-loss: 84.2544
Take profit: 85.608, 86.410
If price reaches the first tp move your stop-loss at breakeven to the second one.
Trade active
Trade closed: target reached:
Move your sl at breakeven to 2nd position
Trade closed: target reached:
2nd target reached - 4.3:1 risk/reward