Currently stay on uptrend and retest on lower trendline and retrace back, expecting little bit more down before a strong buy signal form
Personal perspective will tends to long on this pairing as it will be looking bad towards dollar recently
suggestion:
(1) set a buy order at 1.086 if the current candlestick unable to break the lower trendline
Buy order around 1.0860(TP 1.0910 SL 1.0835)
(2) BACKUP PLAN: Set a sell order around 1.084 if the current candlestick breaks lower trendline
Sell stop @1.084 (TP 1.08 SL 1.088)
Personal perspective will tends to long on this pairing as it will be looking bad towards dollar recently
suggestion:
(1) set a buy order at 1.086 if the current candlestick unable to break the lower trendline
Buy order around 1.0860(TP 1.0910 SL 1.0835)
(2) BACKUP PLAN: Set a sell order around 1.084 if the current candlestick breaks lower trendline
Sell stop @1.084 (TP 1.08 SL 1.088)
Trade active:
backup plan started as the support zone breaks
wondering dollar rises in this circumstance
wondering dollar rises in this circumstance