The daily trend is going up. The tend has held strong on a number of occasions. EMA 50 also following support line. Awaiting the bars to come down to the golden fib area and get rejected around 1.31700 and push back up. I will await for the rejection before taking the trade. Risk to reward 1:4.3. Lets see who the week pans out.
Order storniert:
Did not enter the trade as it clearly didn't follow my rules i.e. showing a rejection and rising up again around the 1.31700 area. Remember do not enter untill you see a rejection in the key areas. There will be plenty of other opps.