After the downtrend movement and hitting the 4-H support line, started an uptrend movement towards the resistance zone around 1.500, and then the next target is daily resistance at 1.630, which is in the 1.5 Fibonacci range.
Trade active:
You can have a buy order at the price 1.370 ( like me )
or entry after reaching the downtrend channel around 1.300 till 1.310 prices ( i guess it won't happen! )
set stop loss at 1.250
and targets are: 1.500 and 1.630
or entry after reaching the downtrend channel around 1.300 till 1.310 prices ( i guess it won't happen! )
set stop loss at 1.250
and targets are: 1.500 and 1.630
Trade closed: target reached:
first target reached