We have been hovering in this channel for some time. Will be waiting to see more confirmation once a candle closes below the 50 SMA .
Within the next 24 hours I would expect to see one more bump UP to hit resistance around 0.8730.
Within the next 24 hours I would expect to see one more bump UP to hit resistance around 0.8730.
Comment:
So I got in on that LONG I was looking for, but did not expect another possible LONG ENTRY. I have a feeling this one may be short lived. OR
The 0.8700 level may actualy be providing some support for another push up? I am long again from the touch on 0.8700 earlier this morning.
The 0.8700 level may actualy be providing some support for another push up? I am long again from the touch on 0.8700 earlier this morning.
Trade active:
I am strapped in for the fall...
SHORT @ 0.8718
STOP @ 0.8762
TP1 @ 0.8625
TP2 @ 0.8440
SHORT @ 0.8718
STOP @ 0.8762
TP1 @ 0.8625
TP2 @ 0.8440
Trade closed manually:
This trade was closed earlier today manually ahead of election day starting.
CLOSED @ 0.8687
+31 pips
CLOSED @ 0.8687
+31 pips
There should be another LONG entry opportunity and when that move tops out it is time for this Idea to go into action.
Wait for it!
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