I took this trade after Tom's failed signal to go long EURPLN. It's been a slow burner and the margin's are high, making profit difficult.
We're getting close to a fib 61.8% retracement level at which point I think it's likely that this pair will turn around and go long. It does look like bears are getting weak.
Daily Chart
We're getting close to a fib 61.8% retracement level at which point I think it's likely that this pair will turn around and go long. It does look like bears are getting weak.
Daily Chart
Trade active:
Not so sure that this trade can hit the target. I'll probably close out early.
Trade closed manually:
Decided to close out as the trade was moving slow and seemed unlikely to succeed at this point.
Comment:
6 days in, If I'd left well alone, this trade would still be going.