Favourite position out of all the currency pairs on my watchlist . WE have real history . im taking her for a buy to first target 1.06761, second target 2 1.16576 and 3rd 1.22258
Trade active:
Almost 100+- pips to first target
Trade active:
Trade retraced to entry level . I executed another long position on the account that its giving me a lower risk and bigger reward which is a logical trade in my opinion.
Comment:
First target reached @ 1.06761. waiting for market to test this price level where I will be considering long positions again up . Outcome of this weeks price will give me an insight as to future price movement .
Comment:
Took advantage of the retracement and added positions
Trade active:
Upper hand still favours buyers
Trade active:
Still holding this position , price attempting to trade through price 1.10125 waiting to see outcome , still considering long positions
Trade active:
1.10139 Is a weekly resistance with strong two price pattern indication , im expecting price to trade through this level aggressively or retrace to make attempts on trading through 1.101139 , only application is to go long when price grants the opportunity to sellers to hand over the buyers.
Comment:
Last weeks outcome turned out progressive with the buyers taking the upper hand , Price 1.10125 is now considered as a support for another long position to anticipated price target released on 26/10/2023 . I will be waiting for buying positions on 1.10125 when the market grants the opportunity .