Type: Swing Trade
Technically:
- 1.618ext of downtrend channel (1D)
- 2.618ext of uptrend channel (1D)
- 1.618ext of last downward wave
- Very strong SR zone ~1.205 (switch to weekly chart)
Entry : ~1.2055
TP1: 1.1910
TP2 : 1.1855
Trade reponsibly.
Technically:
- 1.618ext of downtrend channel (1D)
- 2.618ext of uptrend channel (1D)
- 1.618ext of last downward wave
- Very strong SR zone ~1.205 (switch to weekly chart)
Entry : ~1.2055
TP1: 1.1910
TP2 : 1.1855
Trade reponsibly.
Comment:
I will be taking partial profit there around 1,2000, good trade so far.
Comment:
You can close your trade ~1.192 (~140 pips profit), then I expect one more upward move.
Comment:
and TP2, but it may take a while...
Trade closed: target reached:
TP2 has hit (~240 pips profit).
Now we should see some upward pressure...I will post another setup very soon...