looks like we are probably going to get a near term bounce within the next few weeks... Looking for a retest of the broken triangle and going to have a long term target of around 1.23...
If we get a move past the underside of the triangle, trade is invalid, R:R is excellent on this trade
Comments
Saoldric
⋅
been an excellent trade so far, been going down a little bit fast for my taste so might get a bounce around the 1.32 level.... but we shall see
Fxentourage.
⋅
Is that any kinda joke lol
Saoldric
⋅
what joke? the bounce up? the final TP target? the S/R levels? The R:R ratio? i dont understand, explain it to me please.
Fxentourage.
⋅
On what basis you have set this idea?
Saoldric
⋅
if you take a look at the chart you can see an ascending triangle and we have broken out of it. You can find information on chart patterns at sites such as investopedia.. Im Looking to scale in on retest of the break and again on the break of the recent low of a week ago.