*Update: Stopped out ------------------------------------------------------------------------------------------------------------------------------------------------------------ The price is testing multiple support levels around 0.8100 area - A previous horizontal support area -The 61.8 retracement level for the bullish trend -1.271 extension for the latest bullish wave -Possible descending support
Looking for a reactive bounce of this support , lets hope this one goes well...
================================================================== Trading Criteria: 1. Trades are taken in two units 2. First unit would be closed at first target 3. Stop loss is then moved to break-even 4. Second unit would be closed at second target Notes: 5) If 90 percent of first target is reached I move stop loss to break-even. 6) If 90 percent of first target is reached without triggering entry I cancel the trade. 7) Remember: Losing is a main part of the game
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