Here I see this pair coming down to retest a demand zone, so I will jump on the sells till it reaches my POI. Then I see reversals at the demand zone, this is when I anticipate that the dollar index will start to go heavily bullish again, after breaking the horizontal consolidation that it is in now.
Trade active:
This pair looks like it will start reversing from this level @ 1.35650 - 1.35900
If we see any bullish patterns forming on 1Hr and 15Min, then it will be time to start taking the bullish positions.
If we see any bullish patterns forming on 1Hr and 15Min, then it will be time to start taking the bullish positions.
Trade closed: target reached
Trade active:
I will activate my buys using these parameters.
Buy limit @ 1.35332 with SL @ 1.34982 and tp1 @ 1.36082, Tp2 = open and can be taken whenever you feel satisfied.
Buystop @ 1.35760 with a SL @ 1.35410 and a Tp1 @ 1.36460, Tp2= open and can be taken anywhere when profit is satisfactory.
Note, Move all Stoplosses to entry point when trade is 50pips into profits.
Buy limit @ 1.35332 with SL @ 1.34982 and tp1 @ 1.36082, Tp2 = open and can be taken whenever you feel satisfied.
Buystop @ 1.35760 with a SL @ 1.35410 and a Tp1 @ 1.36460, Tp2= open and can be taken anywhere when profit is satisfactory.
Note, Move all Stoplosses to entry point when trade is 50pips into profits.
Trade active:
Add another buy limit @ 1.35223, SL@ 1.34873 and tp@ 1.37713
Order cancelled