Price is moving in downward channel since last October. I'm bullish at this point and I would enter long above today high (1662) with a short term target objective at the next resistance (1695). Risk/reward ratio of 2.64 is not bad. Any significant pullback at the upper line of the channel I would exit. In the long term we could retest the 1758 resistance (?) Feedback Thank you.
Comments
QuantitativeExhaustion
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Looks like you're going to be right on the money with this.
LEONES
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going well
QuantitativeExhaustion
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turning negative, US dollar could rally
LEONES
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no way US dollar is down for me
LEONES
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you could be right im going to move the stop at the entry level..