The trade opened at 1.05 is now up close to 300 pips. The 3 box reversal point and figure chart is signaling a buy signal with a close above 1.08, the 1.08 coincides with a break of resistance on the standard candle chartset some time ago, I will be taking the trade should it materialise. Existing trade set up is linked. Please note 3 box reversal systems trades require LONG stops and are not suitable for short and medium term traders, my time frame for trades is measured in months and trades can swing more than 500 pips in either direction.
