As we can see there is a triple bottom (Reversal) and our price did breakout. I guess it will fly 15-30+ pips away if the breakout be valid!
Trade active:
Wonderful I guess the breakout was valid and the price is under our control. I had entered two trade in 109.16 and 109.17 so, now I will be holding them tight.
Comment:
We are above our minor resistance level 109.24 which is a good thing to be her! I hope this minor resistance level won't get penetrated now and work as a support. Our small plane if flying ahead toward the major resistance level 109.407 let us support our pilot GO! GO!
Comment:
Trade closed: target reached:
I had set Target profit on 109.31 which did touch and I'm out, for now, guys can't take a risk. I will be observing the situation and acting back again.