Long opportunity on this pair as it's broken out of an ascending triangle. This is a bullish continuation pattern. We have Stochastic divergence with higher highs contradicting lower highs on price action. The most recent 4 hour candle has closed up trend line and should retest before heading upwards toward structure level.
Comments
walker.england
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Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of planning a trading idea using an ascending triangle.
Mandeep.Singh
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Thank you, appreciate it!
TradeHuntFx
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my SL is at 1.09890 and I will initiate a trailing stop when the trade is ~20 pips in profit
Mandeep.Singh
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Nice, good luck bro!
TradeHuntFx
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This trade was on my radar too mate. Just entered @ 1.10283