I already have a chart on this pair. I went long on daily support, I will now look into compound to my position. 1.4000 is acting as a strong resistance I will wait for a strong close above this level in order to place an order.
- Long term uptrend
- Stuck in weeks of consolidation
- Above 200 SMA
- Long term uptrend
- Stuck in weeks of consolidation
- Above 200 SMA
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Added longs
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Due to major upcoming news i have locked in profit on previous longs and set SL to small profit. I might as well be the only guy going long on this one. Haha!
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This pair has been my trending like a charm. I have locked in a good amount of pips, and set my SL to 50 pips above BE. My expectations for this pair is a retrace, possibly completing diffrent harmonic patterns. It's also overbought. But if it wants to climb higher I have small lots floating since 1.38700. This pair has done it job, and I will milk the cow if it wants to fly higher. :D