EURUSD approaching the resistance zone created by the Aug 2015 and the May 2016 highs.
I see a rising wedge forming with the RSI showing that this move is exhaustive.
Will look to go short if it breaks out of the wedge.
I see a rising wedge forming with the RSI showing that this move is exhaustive.
Will look to go short if it breaks out of the wedge.
Trade ist aktiv:
I am protecting my profits although it is only less than 20pips.
Shift SL to breakeven. You might even want to consider closing the trade for a small profit. I was expecting this pair to drop drastically but it has not. This only shows that the USD weakness still persists.
Shift SL to breakeven. You might even want to consider closing the trade for a small profit. I was expecting this pair to drop drastically but it has not. This only shows that the USD weakness still persists.
Trade geschlossen: Stop wurde erreicht:
Out of the trade at break even