Hi everyone!
The pair is in an interesting stage. We have seen a surge in the last couple of weeks and yesterday it reacted to support. We stay long aiming to that area of resistance between 1.15-1.155 .
We cannot rule out the possibility of forming a Head and Shoulders pattern at around the area we are now. If the pair closes today in the red I will exit it and look for better opportunities.
If you have any questions please leave them in comments.
Did you like the idea?? Give us a thumbs up!!
Do you have a different view and analysis? Let us know in the comments. I love to be proven wrong. It is the only way to become better.
Remember that trading is only part of your life. Do not spend all day in front of the screen!!
Surf, Trade, Live!!
The pair is in an interesting stage. We have seen a surge in the last couple of weeks and yesterday it reacted to support. We stay long aiming to that area of resistance between 1.15-1.155 .
We cannot rule out the possibility of forming a Head and Shoulders pattern at around the area we are now. If the pair closes today in the red I will exit it and look for better opportunities.
If you have any questions please leave them in comments.
Did you like the idea?? Give us a thumbs up!!
Do you have a different view and analysis? Let us know in the comments. I love to be proven wrong. It is the only way to become better.
Remember that trading is only part of your life. Do not spend all day in front of the screen!!
Surf, Trade, Live!!
