Good Afternoon Traders,
This pair has been in a corrective structure for a while now and it looks like today we could confirm a break out of this channel signalling upside. I've entered my long based on the small flag formed on the 1 hour timeframe. I entered at 7885.1 and hoping to take profit at around 8057.1 (200+ pips) My stop is placed at 7851.0. I'm expecting the market to tag the top at the minimum!
Good luck!
This pair has been in a corrective structure for a while now and it looks like today we could confirm a break out of this channel signalling upside. I've entered my long based on the small flag formed on the 1 hour timeframe. I entered at 7885.1 and hoping to take profit at around 8057.1 (200+ pips) My stop is placed at 7851.0. I'm expecting the market to tag the top at the minimum!
Good luck!