Hello Traders, I have been waiting for this pair to retest this broken trend line and now it has come closer to it. It has shown clear bullish signs with gap up in the weekend to close above the trend line. I expect the bullish trend to continue from next week. I expect some accumulation to happen before the price rally.
I will have a buy limit order around 1.4300 level with a stop loss around 1.4240.
Good Luck!
Kommentera
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Bulls are in full control from Monday. Price reversed from 1.4330.
Today I'm very dissppointed that my pull back order at 1.4400 missed by 2 pips then price went up almost 200 pips. Great. It's one of those days.