Watching for the candlestick to close and stay above 110.80 for LONG entry. This would signal a reversal is in play when this criteria is met. Any pullback after the 110.80 close is a buy opportunity. Will stay in the trade through 117.00. It is not a buy yet, prudent to wait until we get a close above 100.80 on 4-hr candlestick.
Similar setups are unfolding in USDSGD and USDPLN as well. Check out my latest trade analysis on them.
---------------------------------------------------------------------------------------------------------------- Trade outcome: 30 - 45 days Surefire Trader's trades are profitable (>90% accurate). Verified track record, bit.ly/2rm6pbO
Kommentar
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Watching closely for a retest at 110.80 and this attempt could very likely to break thru it. Then the race is on for the profit target.