If price breaks 111.687 go long until it touches the channel.if price breaks the channel go long till 114.107.
If price falls go short to 110.177, if price carries on from this position take profit at 108.130. It's also possible for the price to proceed further and touch the bottom channel.
Comments
TradZ
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Price already started the drop?
ashddylan
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@TradZ, I think so yes. I've missed the opportunity so I'm waiting for a break of 110.870, then I'll catch a few pips before the potential big drop
TradZ
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@ashddylan, Opportunity is still here. We can get back in around the 111.2 area. I'm trying to get back in @111.25 going down with a TARGET @110.7
TradZ
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@TradZ, Changed my mind! Entry@111.25 with a Target set@110.9 ;)