EURPLN is technically on a new up trend

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LONG - EURPLN
SL: 4.24797 (Suggested by our algorithmic system)
TP: 4.31189

Reasons behind this idea:

1. Price broke through resistance trendline

2. RSI & MACD indicator is showing bullish divergence

Caution: Important economic reports are due on November 15th.

---------- Chart Drawings ----------

Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Purple Vertical Line: Suggested Stoploss by our algorithmic systems (under testing)
Green Vertical Line: Suggested Take Profit
Green Arrow: Bullish Divergence

Trade idea from our mobile app: ibb.co/SXXcMv6

Please trade responsibly and good luck!

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تم إغلاق الصفقة يدويًا

Our app has prematurely closed the trade early at 8.20am 13 November AUS Sydney Time. Close price: 4.27989

Screenshot: ibb.co/N3GhYCZ

Our app doesn't always close trades prematurely, here is a good example of trailing stops to let the profit run.
Screenshot: ibb.co/f9xxLSN

It is an art of balancing your risk (stop loss) management to protect yourself from losses but also to not cut your profits too short. :)

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ملاحظة

Trend reversal is confirmed.

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أغلقت الصفقة: تم الوصول للهدف