I bought at .8596 and placed my SL at .8588 and my TP at .8620. I bought off the major support line which has held strong with price rejecting two times and showing a third time which indicated me to purchase. I placed my take profit with the desending resistance line around the 8620 area.
I bought at 1.0723 off the support line placing my SL at 1.0650 with my TP being 1.0850. On the 4hr chart, it is positioned on a uptrend. I also placed the fibonacci retracements on that uptrend with the first retracement being placed at 1.0705
I entered a short position at 1.2385. I did so because I plotted a major resistance line that it is approaching to on the daily. As well as on the 4hr timeframe, it is has already hit a resistance level at 1.2387 that has shown to be strong from price rejecting this point multiple times in the past. It seems to be penetrating that 1.2387 anyway so i will hold my...
I noticed a double top at 1.2388. I see that the pair actually penetrates the resistance line and retests which turns that resistance into support. So i bought on the retest of the support line and my set target is to exit in 1.2500 area where a major resistance line leys
