See my prior analysis this week and comment on a potential upwards king's crown.
Entered at past support area (red line) and pending buy at 1.6300 handle for potential right tip.
Trade is up about 100 Pips right now. Target at next Resistance of 1.6560 handle.
Will probably exit with profit and reenter on small time frames. Summer months are volatile so it's safer to lock in profits and reenter.
Good luck trading!
Charles V
CVFX Management
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Entered at past support area (red line) and pending buy at 1.6300 handle for potential right tip.
Trade is up about 100 Pips right now. Target at next Resistance of 1.6560 handle.
Will probably exit with profit and reenter on small time frames. Summer months are volatile so it's safer to lock in profits and reenter.
Good luck trading!
Charles V
CVFX Management
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Comment:
Closed my positions at 1.6485 for a 4% profit gain. This was an area of past resistance on a shorter time frame, locking in profits for July. Will reenter on retrace.
