Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
Last week we did not get a entry unfortunately, however the price have skyrocket back to our entry idea from last week. Expecting a lower low to take place as soon as we see resistance within this area.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck everyone!
Regards, Enzo
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Beautiful entry, taken initial investment out and letting rest run. Enjoy.
Trade closed: stop reached
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Taken out breakeven. Will look for a potential new entry on GU. Will update idea if so.
@etemadifar, Yes but we took our initial investment out within the first drop and let the trade run into our stop. So we went breakeven.
Supafly287
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I see a lot are short on the cable but doesn’t seem to be making much difference.
jake1fx
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@Supafly287 its a bit against trend cause dollar will dump a lot upcoming month now and it will send cable up, there also must came sort of shakeout to downside but 300 pips is not in plan for longterm
IamEnzo
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@Supafly287, Fundamentals pushing through short term structure. I agree that we are within uptrend bigger timeframe.
I am bullish on this pair. I found some bullish momentum in my analysis.