Kept my eye closely on this pair since last year since the price was creeping towards it’s LOWEST levels. Managed to catch ALL the moves over the space of 3-6months Flash crash at the start of the year, leading to the divergence with an impulsive move to zone (1.070), which is our TP. Since then, it’s following a descending channel (flag) which is a continuation price action pattern. \u2028A bullish wave is expected from resistance turned support @ mirror level 1.4150, which is where our SL will be set. Trade invalidated if it breaks this zone.
SCENARIO: SL: 1.4150 TP1: 1.070 TP2: OPEN
TARGET: 130 - 500 pips ESTIMATED TIME: 7-25 days
交易开始
Running with profits, move SL to BE for a risk-free trade!