Breakout occurred followed by a re-test of the support as resistance.
I am shorting @market price 1.87689 with
my stop placed above the resistance level at 1.88672 and
my take profit provisionally @ 1.84539 just above the support when using the swing low on the left marked with a yellow bar
Don't bet the farm and always exeercise healthy risk management.
This markup was done with a custom MT4 indicator >>> www.profitfxza.com/markup-buddy
I am shorting @market price 1.87689 with
my stop placed above the resistance level at 1.88672 and
my take profit provisionally @ 1.84539 just above the support when using the swing low on the left marked with a yellow bar
Don't bet the farm and always exeercise healthy risk management.
This markup was done with a custom MT4 indicator >>> www.profitfxza.com/markup-buddy
Trade closed: stop reached:
Stop hit. Price has returned within the trading range and is showing signs of the bulls taking over, I am still using the same markup and will update on a new trade idea to go long.