This pair has generated thousands of pips since bounce of bottom support area. See past trade idea.
Indicators:
1. Currently at a support and looking to reach the next resistance area.
2. Strong bounce off up weekly channel
3. Created higher highs on 2-4 hr time frame
Entry:
1. Current price of 1.6418 (support area)
2. 1.6340 area at lower support area
TP 1: Next Resistance at 1.6590 area
TP 2: Higher Resistance at 1.6850 area
Remember: Always look left, when trading.
Good luck everyone!
Charles V
www.cvfxmanagement.com
Indicators:
1. Currently at a support and looking to reach the next resistance area.
2. Strong bounce off up weekly channel
3. Created higher highs on 2-4 hr time frame
Entry:
1. Current price of 1.6418 (support area)
2. 1.6340 area at lower support area
TP 1: Next Resistance at 1.6590 area
TP 2: Higher Resistance at 1.6850 area
Remember: Always look left, when trading.
Good luck everyone!
Charles V
www.cvfxmanagement.com
