Hey Guys my last analys for the long trade was a bit short here a full explaination.
We are currently facing a turn after that bearish night wich made us a good profit in general. Now we are going to change on a Long position. As you can see we have a left shoulder wich is build around 1.2279 then we have our Head on1.23028 and currently we are facing the Supportline @ 1.22130. we are setting our SL below the support line. Our take profit target 1 is the possible right shoulder @ 1.2270. our second target if we continue raising and dont build a shoulder is 1.23 and a possible breakout to 1.24.
good luck trading guys !
We are currently facing a turn after that bearish night wich made us a good profit in general. Now we are going to change on a Long position. As you can see we have a left shoulder wich is build around 1.2279 then we have our Head on1.23028 and currently we are facing the Supportline @ 1.22130. we are setting our SL below the support line. Our take profit target 1 is the possible right shoulder @ 1.2270. our second target if we continue raising and dont build a shoulder is 1.23 and a possible breakout to 1.24.
good luck trading guys !
Trade active
Comment:
Sorry guys in the picture is a failure ... its 1.23 on TP and not 1.223 XD
Trade closed: target reached:
target at possible right shoulder reached @1.227