For the moment, we are currently seeing an accumulation of buy orders daily, if you look left, we are moving in waves from
Point A : 1850 (Strong Support)
B: 1920 (Resistance)
C: 1872 (Support)
D: 1933 (Latest resistance)
E: 1886 (Support)
If we see it breaks 1886 or 1895
wait for a breakout for the real move in the right sense of direction.
Short term sell to 1899/1903 or straight to 1930 area before big sell off to 1850 then buys.
Entry is 1878.89
Sl in profit.
Don't try within the channel, wait for areas to response and check confirmations.
Recently Donald Trump contracting COVID19, may spark bullish momentum as it's weak to USD.
Long term tp 2040
Short term tp's : 1920 / 1930 / 1940
SL : 30...
Taking a long position here, not holding for too long, but possible 30 pips gained.
Risk : reward is 3:1.
1. Approaching Strong Support area, however, we are looking for long term sells to 81.638 Area.
2. Potential Bearish Flag, very fluid follow through, and continuing in it's downside projection. Waiting for a break of the flag, so taking short...