The pair has worked properly our support around 1.1770 and is trying to break the resistance at 1.1810, from a technical point of view, we do not have much to add, if the price will fall below 1.1770, it can test the setup area, so we keep the long position and move the stop loss to breakeven.
OUR BULLISH SETUP
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RESISTANCE...
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Trade fechado: objetivo atingido
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TARGET 1 HIT!
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The trend is still bullish on intraday chart, and after holding support, the pair has triggered a nice rally. From our point of view, this setup was correct, an excellent R/R ratio with limited risk and a good gain. When we try important setups (200-300 pips) it is very important to manage the position, and it seems that this activity has been done very well.