If price finds resistance at the downsloping median line (as it often does), I expect a further decline towards the prior lows at 1.311. Otherwise price is going to test the prior lows at 1.3242. The EUR is very weak, whereas the CAD has grown recently to be the strongest currency of all.
It was a nice one ! I look closely to your ideas, you are getting better and better at trading, it's wonderful !
Best Regards,
Serge
ForceFollower
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Thank you, Serge! Actually, I believe our best trades are yet to come!
All we need to do is just keep self-improving.
Biff_Tannen
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May the force be with you!
ForceFollower
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Thanks. :-) May the force be with you too.
If we stay faithful to the force, we should be OK. most of the time. :-)
Biff_Tannen
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so far so good! :-)
HexVex
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Nicely done! Pity I missed it :(
ForceFollower
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Don't worry. There will be the next time. :-)
HexVex
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:)
ForceFollower
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Target hit. We just had to give it more wiggle room.
The optimal place for the SL was just above the prior swing low and the best entry proved to be at the 50% retracement. The target was OK., but it turned out to be quite modest.
It was a nice one ! I look closely to your ideas, you are getting better and better at trading, it's wonderful !
Best Regards,
Serge