So, guys, all 3 positions are closed in total 260 pips.
What we can expect now? First of all, there is no point to SELL or BUY this pair at this moment.
I will wait for some confirmation. If the price will reach my trend line, I will try to sell again for a short period of time. Why?
Because we expecting that the price will go up. You can check my analysis before for the long term. At the moment is better to find the key point where we can BUY instead SELL.
So all positions against the market, long term, is risky.
I painted a few possible moves, how market can react to the levels.
Let's wait for some confirmation and I will write my opinion on this pair.
If you have any questions don't hesitate to hit the comment button ;)
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
What we can expect now? First of all, there is no point to SELL or BUY this pair at this moment.
I will wait for some confirmation. If the price will reach my trend line, I will try to sell again for a short period of time. Why?
Because we expecting that the price will go up. You can check my analysis before for the long term. At the moment is better to find the key point where we can BUY instead SELL.
So all positions against the market, long term, is risky.
I painted a few possible moves, how market can react to the levels.
Let's wait for some confirmation and I will write my opinion on this pair.
If you have any questions don't hesitate to hit the comment button ;)
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.