The_Bees_Knees
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Joined Aug 14, 2012
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Buy on retracement with good risk reward. Still positive on this pair.
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I am with long bias on this pair due to ECB communication. Strong levels are approacing to take some action. Explanation on chart.
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Pair top decending channel on retracement. Very nice setup ... I am in!
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The pair is trending on an uptrend channel which also gain support on 61.8 fib retracement level. I am in for target of at least 35 pips.
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It confirmed a bullish candle formation; I just entered a limit order @ 1.5021 hoping a small retracement during this hour. Let's wait for a good positive trade ...
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See chart indication text
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