On the H1 chart the trend started on October 5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 1.2587
But we should not forget about SL = 1.2033
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
There is a high probability of profit taking. Possible take profit level is 1.2587
But we should not forget about SL = 1.2033
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
Trade active:
NEW TP = 1.2420
Trade active:
Don't forget, NEW TP = 1.2420.
Trade closed: target reached:
Profit 381 pips.