The Daily is bullish and a nice support level has formed. price is currently being supported by 60 Kejun Sen (blue Line) and that would be our entry Entry = 1.7020 (+ 2 pips to account for the spread on buy limit orders so 1.7022) Stop = 1.6990 Risk = 30 pips PT = 1.7236 (+216) RRR = 7.2 -1
Trade active
⋅
this trade is now Active :)
Trade active
⋅
Took some heat on the trade but the Support level held and we ended with a Bullish engulfing :)
I took the trade as well, looking for the way up :) good luck
AGold54
⋅
@winnie144, Should be good after the bullish engulfing :)
winnie144
⋅
@AGold54, I hope the support will hold, the moment was indeed heated.
I trade from daily with help of 4H and 1W, I count it as retracement up before further way down