It's a potential short position for at-least 100 pips.
Based on AB=CD And Gann Analysis, It's a potential short position for 100 pips.
In a low time-frame (1hr) this short position is also conformed.
TP & SL are mentioned in the chart.
My Stop Loss is 0.76800 based on my strategy.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity
Based on AB=CD And Gann Analysis, It's a potential short position for 100 pips.
In a low time-frame (1hr) this short position is also conformed.
TP & SL are mentioned in the chart.
My Stop Loss is 0.76800 based on my strategy.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity
Comment:
0.74650 just hit today.. 135 Pips :)
1st Target Achieved: Entered at 0.76100, Partial Closed at 0.75100 - Earned 100 Pips :)
Move Stop Loss to BE or Preferably 50 Pips Profit, if you want to continue with the trade.
Good Luck !