hello guys. watching the pair euraud? we have a good zone to buy the pair. small stopp loss - big profit
in the highly timeframe we see that the pair will growing up to 1.85 and more. in the daily chart do we have a support at 1.46198. this support has not been confirmed, yet. is the price falling under 1.46620 is possible that the price falling to 1.429. a confirmed support in the daily is 1.41678.
good luck and good trades
Comments
PTdesk
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As multiple price levels 1.46620, 1.429 and 1.41678 are referred, what would be the entry, profit target & SL envisaged?
MrThomas
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@chokks, hello choks,. buy min 2 order at 1,46620; sl (redline) 1.46460; target for 1 order 1.4678+spread = sl equal 0. in the higher timeframe is the pair in a downtrend, yet! this is bottom fishing strategy! the pair can going down under the stopplevel (1.46460)
MrThomas
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@chokks, now you can sell your half buy order. stopploss = 0