Looking to get short once we have a break & close below 143.94.The pair has broken out of the rising wedge and failed to close past 144.80 and after testing that area about 3 times right now its holding above the 144 mark.According to the setup we get short once price closes under the 143.90 area with stops above 144.78 and targets are 143.48 - 142.98 & 142.46
Trade active
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so far so good.we have a breakout !
Comment
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UPDATE :
Trade active
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First target achieved ! Price is near the second target.Enjoy the profits ^_^
Trade closed: target reached
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FINAL TARGET REACHED !!!! BOOM !!!!
Comments
Trader_Dale
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looks like we were wrong and you were right mate! GJ!
Trader_97
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@Trader_Dale, its alright.Happens to the best of us.Some we win , some we lose.I wish you luck with your trades ahead :)
Trader_Dale
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@Trader_97, thanks mate and congratulations! very nice trade!
Trader_Dale
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I sould be more inclined for buy orders. There is a very weak high of the day.
Trader_97
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@Trader_Dale, I would get long too ... if price takes out the top I marked around 144.80 but without a breakout to the upside I don't see why we shouldn't try shorting it in the short term.