Hello all - DuncanForex here with another trade idea
After the quick scalp on Friday, price action is cycling higher this afternoon
Multiple ways to trade - on the daily chart - you can enter on the break of the high
I am also looking to enter on the retrace overnight to see if the area I have shown in the picture holds as support and if it does I am in on Buy Limit orders.
This is with a double bottom looking to be printed and confirmed if the 1.1250 area is broken, however I am looking to get in at the bottom of the move and not at the top.
DuncanForex is now live
Head over for lots of content.
Thanks for looking
Duncan
After the quick scalp on Friday, price action is cycling higher this afternoon
Multiple ways to trade - on the daily chart - you can enter on the break of the high
I am also looking to enter on the retrace overnight to see if the area I have shown in the picture holds as support and if it does I am in on Buy Limit orders.
This is with a double bottom looking to be printed and confirmed if the 1.1250 area is broken, however I am looking to get in at the bottom of the move and not at the top.
DuncanForex is now live
Head over for lots of content.
Thanks for looking
Duncan