Dear followers,
You know that i am the only trader going short since 5,80's. And we have made a lot of profit both from swaps and exchnage rates.
You can check my previous anlaysis, and see that my short term target is 5.08 and mid-term target is about 4.66.
Now we are seeing a retracement again, and that is a very low-risk trade opportunity with high return ratio.
You can see that, price is under fibo trend, and if the price can not break up 5.30(which is nearly impossible) today, we will be heading to 5.08 again in 5-10 days.
Just go short and put a SL to 5.33. If 5.33 holds, it can go to 5.45, but will turn back down again.
Good luck.
You know that i am the only trader going short since 5,80's. And we have made a lot of profit both from swaps and exchnage rates.
You can check my previous anlaysis, and see that my short term target is 5.08 and mid-term target is about 4.66.
Now we are seeing a retracement again, and that is a very low-risk trade opportunity with high return ratio.
You can see that, price is under fibo trend, and if the price can not break up 5.30(which is nearly impossible) today, we will be heading to 5.08 again in 5-10 days.
Just go short and put a SL to 5.33. If 5.33 holds, it can go to 5.45, but will turn back down again.
Good luck.