Price has finally broken above key resistance 112.000 , where I will be watching for price to now make a higher low where I will look for longs up to 113.000 next ..
Comment
⋅
Potential buy zone
Comment
⋅
Well looks like there will be no pullback
Comment
⋅
momentum is strong, & 112 has finally broken this pair will fly
Comment
⋅
Comment
⋅
price rejected off 113, watching for price to retest the head on shoulders neckline as support for a move higher for price to move in an uptrend
Comment
⋅
113.750 new higher high target
Comment
⋅
price may reject from here to make a new higher high
Comment
⋅
perfect bounce so far
Comment
⋅
Daily: 112 acting as new support
Comment
⋅
Will be watching closely how price reacts above the 112 region
Comment
⋅
I am still holding my long positions
Comment
⋅
+35 pips running
Comment
⋅
60 pips running, took some profit SL at breakeven now. Patience pays off with forex !
Comment
⋅
113.4 new higher high target
Comment
⋅
resistance break, higher high target coming up
Comment
⋅
enter at 112.280, SL now at Breakeven. From here price should continue up to the initial Take profit zone
First thanks for all the updates, im reading all. But how do you decide to buy for example with this. If the price reached your buy zone is it 100% you will buy? how do you decide?
Profound_Ambition
⋅
@Shawty, you're welcome! So the way I would decide to enter is if I see a clear rejection & watch price action to see if it finds support there at the fibonacci regions..