Price broke the big round number and immediately pulled back into that 3.0500 zone. I have entered on a retrace to the 3.0500 with my stop just above the new highs
- - Big round number 3.05000 acting as resistance
- Previous highs adding to resistance
- Price is rounding off
- Upper trend line to act as resistance
Trade active:
Missed stop loss by a few pips, and now price has moved down. I have an alert just before the 3.0300 zone as this is another trouble area where price may have some trouble.
Trade closed: target reached:
Target Hit!!! A cool 7.5% profit from a 3% risk