LONG 1.3275 or NOW
SL: 1.3070 (205p)
TP: 1.3480 (205p)
MACD crossed & rebound on long term rise.
Comment:
2 support lines converging = strong support & SL is lower than the SL. On the other end, TP is set higher than 12 months S/R line, which might face strong resistance.
I would bet on it only for 1 thing the trend is on up trend since March 2017, MACD crossed 2 times below ZERO level before this and once touched around 0.0030 - 0.0040 and it rebounded back and scored if we LONG.
Unfortunately I missed those 2 times.
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I would bet on it only for 1 thing the trend is on up trend since March 2017, MACD crossed 2 times below ZERO level before this and once touched around 0.0030 - 0.0040 and it rebounded back and scored if we LONG.
Unfortunately I missed those 2 times.