At the current moment we are on a strong support zone as indicated by the two blue lines.
We should test the support until we brake the 4H trend line ( black line ).
Will be Buying if it brakes.
We will then probably bounce back down a little when we hit the Purple small resistance line.
This will be my First TP1 @ 1,30900
I don't think this small resistance will hold and should brake through and head for the 1D trend line ( Green line)
This will be my Second TP2 @ 1,31400
Will be placing my SL beneath the Support zone @ 1,28500
Let me know what you guys think and lets see how it plays out.
We should test the support until we brake the 4H trend line ( black line ).
Will be Buying if it brakes.
We will then probably bounce back down a little when we hit the Purple small resistance line.
This will be my First TP1 @ 1,30900
I don't think this small resistance will hold and should brake through and head for the 1D trend line ( Green line)
This will be my Second TP2 @ 1,31400
Will be placing my SL beneath the Support zone @ 1,28500
Let me know what you guys think and lets see how it plays out.