Last long trade order could not be filled as the price moved further up without coming to our buy zone. However, now there is another opportunity for a long trade on this pair. The price broke out through daily resistance and now it is retracing . Currently it is visiting 4h support 4HS1 and I expect it to bounce. The target of this trade should be close to the recent high it has made.
Note
I will book some profit at the marked level by reducing the size. I will add the size later in case it retraces.Note
Stop loss to be updated to breakeven. Reduced size and booked some profit. Do not want to lose all the gain. Was planning to reduce size at 77.9 but seems like it started pulling back before that.
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.
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.