See my last trades of this pair, been trading it since the bottom of the weekly channel.
Since the last update and entry at 1.7250 area, pair is currently up 500 pips with lots more opportunity to go.
Indicators:
1. Weekly upward channel holding and pair bounced off bottom of channel.
2. Weekly RSI in buy zone.
3. We are creating higher highs and higher lows.
Entry @ 1.7630 area (past resistance becoming new support. Expecting pair to retrace down where we can reenter safely.
TP 1: 1.7900
TP 2: 1.8537
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
20% July 2020
Since the last update and entry at 1.7250 area, pair is currently up 500 pips with lots more opportunity to go.
Indicators:
1. Weekly upward channel holding and pair bounced off bottom of channel.
2. Weekly RSI in buy zone.
3. We are creating higher highs and higher lows.
Entry @ 1.7630 area (past resistance becoming new support. Expecting pair to retrace down where we can reenter safely.
TP 1: 1.7900
TP 2: 1.8537
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
20% July 2020
