Analysis - bounced off the mid level in blue and is on its way up to the top level. Respecting support trend line in purple, hasn’t broke down. Daily resistance zone has been rejected multiple times and finally broke with a bank move. Bank move was made from my S&R to my other S&R. Currently on its way back down to the purple key level and expected to re-test between 0.382 and 0.5 fib levels. Fibonacci TP in confluence with my TP at my top level and S&R area!
Please comment below your thoughts <3
Please comment below your thoughts <3
Trade closed manually:
Update: USD Red News Folders @ 9pm! GU should’ve been closed in profit, once the US dollar increased you could’ve hopped in for the sell.
Trade active:
The sell resulting from USD News is now over! Analysis’s still valid, re-enter :)
Trade closed: target reached:
TP1 hit! Once the level was hit, the sell (in correlation with EU’s breakout and GJ’s analysis) was in effect.
Comment:
2 Buys and 2 Sells within 1 Analysis resulted in 200 Pips! <3
Trade closed: target reached:
GU created a reversal pattern on ALL lower time frames at the mid level, this was your confirmation for a buy - up to the daily’s zone (level in purple) another 100 Pips!! 300 Pips total within my analysis.
Comment:
The daily's zone was rejected, a drop back to the mid level was made for 80-100 Pips. Price was risen to the daily's zone once again and broke past up to the top level for 100-120 Pips. Overall, we gained a total of 500 Pips within a week!
