From this we can say that a new trend is under way. After zone 1240 has passed, a temporary pullback is created.
when this pullback ends there will be a new upward movement. I think that this upward trend will have a minimal effect towards the 1260 zone.
For now, the small (blue) trendline is respected. If this continues, I expect that the price will reach the TP.
If our TP is reached and the analysis went well, we have a profit of:
- TP #1 +/- 160 pips
The safest place for a stop loss is point 1235.00 ( +/- 80 pips). You can of course always adjust this. This is due to the operation of your own money management.
تم فتح الصفقة:
Price respected the green zone. I made a mistake with the support zone. I had to take it down to 1233.00.
Good learning point for the next analysis. There is a great change price will reach the 1260 zone. I will update the analysis if it reaches the TP.
Good learning point for the next analysis. There is a great change price will reach the 1260 zone. I will update the analysis if it reaches the TP.
أغلقت الصفقة: تم الوصول للهدف:
The price has achieved the target profit. When you followed my analysis and took a long position, we can confirm the following profits:
TP = 1260.00- 1244.00
TP = 160 pips!
Congratulations for the people who took the trade!
TP = 1260.00- 1244.00
TP = 160 pips!
Congratulations for the people who took the trade!