Price is currently testing a zone it has not been to since June. Seller momentum is weakening as today's Daily candle printed with a pin bar/dragonfly type candle. This looks like a good long swing trade but even if price breaks then obviously look for a retest then a move to the downside so that if your Long trade did not work out you will still profit off of the short. Thanks for reading.
Trade active
Price is moving up just like I said. This trade is working out perfectlyTrade closed: target reached
Also my GBPNOK hit the profit target. Both trades took less than 15 minutes to analyze for the month and I made more pips than day traders who spend hours every day in front of the computer. Trade only monthly, weekly, and daily charts.
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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.