Confluences for Trade: - Price close to Long Term Support Trendline (since 2015) - Price at Resistance Line of Parallel Channel - Price at 78% Fibo retracement levels of previous Low to High - Stochastic Oversold momentum (W1, D1, H4)
Suggested Trade: Entry @ Area of Interest 1.0585 - 1.0640 SL: 1.0541 TP: 1.0800 RR: Approx. 2.50 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Trade active
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Trade closed: stop reached
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Took in half profits before this and SL was moved to BE.
Trade active
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Sorry, mistakenly said stop reached. Yet to hit SL, trade still active.