More Buying?

2 de mai. de 2016

Bought this pair last week and reached what was our established target, will it go more? We'll see after consolidation...

5 de mai. de 2016

Nota

Just keeps going more and more, how high can we go?

9 de mai. de 2016

Nota

A potential "cup with handle" or "ascending scallop" pattern is developing. More confirmation for more buying.

9 de mai. de 2016

Nota

24 de mai. de 2016

Nota

7 de jun. de 2016

Nota

Likely the final update for this trade. But it's always nice to look back on a trade and see what went right and what perhaps went wrong as well with our analysis. We had a big ride up definitely and then had some reason for losing confidence continuing up. Surely eventually we noticed some reversal patterns and divergence, then saw a reversal in trend easily reaching 2618 targets (about 600 pips) if you did the double top.