Hello traders!
The 1.21141 marks strong support per our institutional research.
A push down into the figure will likely be matched by some buying.
I suggest using a 40-50 pip stop loss and look to get whatever you can on the profit side.
"Whatever you can" .... just because I marked a 100 pip target does NOT mean to set and forget and hope it hits the 100 pip target!
You must monitor price action... if the momentum is there then hold it... if not then book the quick profits and run.
The 1.21141 marks strong support per our institutional research.
A push down into the figure will likely be matched by some buying.
I suggest using a 40-50 pip stop loss and look to get whatever you can on the profit side.
"Whatever you can" .... just because I marked a 100 pip target does NOT mean to set and forget and hope it hits the 100 pip target!
You must monitor price action... if the momentum is there then hold it... if not then book the quick profits and run.
