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Underlying:EURUSD Time frame:1D
What Has Happened So Far: This is very much like the XAUUSD trade we have on right now so I will keep it short and sweet. Price came down and hit our zone nicely. If you took a buy position it will be in profit quite nicely.
What am I Looking to Happen: The MACD EMA's are yet to cross over which means there could be another day or two of prices rising! One thing that might act as resitance here is the Bollinger Band centre line where price currently is. If you want to take a buy position my target is below.
Target Profit:1.1950 Stop Loss:1.1710
If you like this idea leave a like and follow me to get all of my updates :) I would love to talk to you so send me a message or comment!
I can only afford to deal with currencies at the moment and you haven't let me down yet lol
SocialTrading
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@cclark, Remember, keep your trades small and leverage low :)
oaksacorn
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Good trade. The 10 bar Bollinger gave you a buy signal on 10/6 - traded below band with bands narrowing. Polarized Fractal Dimension is now confirming that buy as a hold for release at higher levels. Nuggets of Love.
I am amazed at the ideas and been following and observing WOW
Thank you
Mike