Sell below 0.9874. Stop loss at 0.9896. Take profit at 0.9786. Reason for the trading strategy (technically): Price has reversed nicely below our stop loss yesterday. We look to remain bearish below 0.9874 resistance (Fibonacci retracement, horizontal overlap resistance, bearish divergence) for a further push down to at least 0.9786 support (Fibonacci extension, horizontal swing low support). Stochastic (34,3,1) has good downside potential for our remaining drop.
Trade geschlossen: Ziel wurde erreicht
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Oh no too many pips to hold! Remember to treat your family to a good meal this weekend with the money you made ;)