Yes I re-entered at 76.30 AND at 76.20. You can maybe wait for a double bottom, or a retest of the dotted black trend line, or a consolidation/flag structure on the 1 hour or 30 min, looking for an opportunity to get involved. Since we are coming off lows for this decade, I am thinking more long term, so I will def. keep adding to my position as I get more bullish confirmation. Will post again when I add to my position next.
MrLatchman
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thanks for the fast reply.. i will follow this as it looks like an amazing trade.. please keep us updated.
NickofJupiter
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Anytime sir, will do.
lehongphuong999
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put SL 10 pips under that recent daily low ?
NickofJupiter
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For me SL has to be below the structure low, which happened on Brexit I believe. This is where the green rectangle begins around 76.00
lehongphuong999
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i just long and SL 12 pips under brexit low . hope it up @@
NickofJupiter
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We have some strong support, lets see if we hold! If we do, there is a lot of room to go up from here, just like post-Brexit. If we don't, and we break the strong support level, it will be pretty big deal and we can look for opportunities to go short. Goodluck!
lehongphuong999
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i just out with +1 pips . it should be nicer to wait out for price action and better strategy . thanks for sharing your idea . cheers
lehongphuong999
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i'll wait for candlestick formation around this level to enter long again !