Hello,
We are bouncing on the 0.618 on the daily chart. It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair.
Entry : 144.30
Take profit : 149.02
Stop : 143.73
Risk/Reward ratio : 7.7
Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks about Brexit.
I aim for a retest at least of the previous top around 149.
MACD just resetted to 0 level, it's a healthy move if it bounces up here.
If you made money on this trade, please mind dropping a like :)
We are bouncing on the 0.618 on the daily chart. It is a bullish sign for me, as even the bad news of this week didn't managed to push deeper that pair.
Entry : 144.30
Take profit : 149.02
Stop : 143.73
Risk/Reward ratio : 7.7
Historically, the pair is still at a very low level. It could be a nice long, especially if we get good news in the coming weeks about Brexit.
I aim for a retest at least of the previous top around 149.
MACD just resetted to 0 level, it's a healthy move if it bounces up here.
If you made money on this trade, please mind dropping a like :)
Trade active:
And moving in the good way :)