Market needs to take back its breath
Comment:
Optimal entry long 1.1585. No entry for now, wait for London session!
Trade active:
Trade active @ 1.1614
Comment:
Great spot to enter long if you did not do it yet @ 1.1589
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Stop loss 1.1555
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The market hit our optimal entry 1.1585 and reverses right away. The trade stills valid. We will have the move @ the London session tomorrow.
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Another great confirmation of the probable bullish move would be the actual Daily candle closing anywhere above 1.16054 (the Friday's closing price).
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I'm actually adding another buy position now @ 1.1609
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The market is + 30 pips from our optimal entry. If your entry was 1.1585, then place your stop loss to break even.
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Trade stills valid!
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The bullish move should be in the NY session. Stop loss is 1.1555
Trade closed manually:
Time to close the trade with + 10 pips. Let wait for more confirmation in order to buy or to sell!
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Closed @ 1.1602
Comment:
That was an awesome trade idea but we took only a small profit + 10 pips instead of +80 pips.
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!
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Exactly as predicted! :) I hope you guys taking profits from my analysis!
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Right on the noise :) !