As you will see on the attached idea we have entered a Long Trade at 111.900 and we have reached our first target.
The price is likely to hit the second target. Break and close above 112.500 is another Long opportunity and the pair is likely to hit 112.900.
At 112.900 we will close our positions and wait for the daily closing to decide about the direction. We will update the trade idea in the premium section.
The price is likely to hit the second target. Break and close above 112.500 is another Long opportunity and the pair is likely to hit 112.900.
At 112.900 we will close our positions and wait for the daily closing to decide about the direction. We will update the trade idea in the premium section.
Note
Trade Reached the target. We have generated 90 Pips. Break above 112.900 will carry the price 113.280 - 113.400 region. We predict a retracement at 113.300 - Fractal Trendline Resistance- We close 30% of our positions. Move our SL to TP1 level and wait for the breakout of 112.900. Pullbacks are buying opportunities.
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord Channel : discord.gg/Ku9kzfq
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Cycle Sniper Indicator: mql5.com/en/market/product/51950
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.