Price is approaching our first support in line with our 100% fibonacci extension and 61.8% fibonacci retracement where we could see a further push up to our resistance level . RSI is showing signs of bullish pressure as well.
Comment
⋅
Entry: 1.22332 Stop Loss: 1.21608 Take Profit: 1.23650
Do you think it will go beyond the resistance level?
FXCM
⋅
@brainyDingo59655, hmm if it breaks above the resistance level I will wait for a re-entry but for now I'll be taking partial profit. Are you in the trade as well?