- 2 possibilities as seen on chart
I am in favour of a long position at retest of the symmetrical triangle before filling the wick from January
- however rejection of the descending trendline above will confirm a short position
I am in favour of a long position at retest of the symmetrical triangle before filling the wick from January
- however rejection of the descending trendline above will confirm a short position
Comment:
TP 1 hit @ 1.63000, closing partial profits at 100+ pips
Letting other positions run risk-free
Letting other positions run risk-free
TP 1 @1.63000 (supply)
TP2 @1.65500 (-61.8%)
SL @ 1.61500 (invalidates trendline retest)