With price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our entry of 0.93712 to our Take Profit at 0.92817 in line with pullback support. Our stop loss will be at the swing high of 0.94318 area in line with the 127.2% Fibonacci extension.
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Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. In this situation we are now waiting...