But we need confirmation at breakout , if it success break down, short will be a good idea to aim 50, with target at 0.7619
Stoploss above 0.7767 or use your money management rules.
With this setup, we aim for R/r above 1:3 with target +100 pips at 0.7619
This analysis not include personal feeling/opinion, and pure base on
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.