After that extensive Bullish move, i expect price to ...

Price moved bullish strongly and broke the resistance at the .71492 zone. Price then moved to another significant point in the market where it found resistance where price started to pullback. I see price retracing back to .71642 before potentially moving bullish again to .73536.

If you want to take this trade, wait for a full bullish reversal candlestick pattern and risk no more than 1% on your trade.

SL - .70959 ( The red line)

Happy trading all :)

עסקה פעילה:

As our trend is very strong price didn't retrace to our 0.5 fib level but retraced to .382, we could tell the pull back momentum run out from price action.

Price is headed to our take profit level! Happy trading all!