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Roker1
21 Feb 2018 pukul 09.31

Trend Continuation on EURCAD Panjang

Euro Fx/Canadian DollarFXCM

Huraian

Hi guys,

this time we're going with the trend and we're not anticipating any kind of reversal. Instead, since we saw a recent break and close above the Previous Resistance Level (pointed out in the chart) we're now looking to ride the trend untill we get to the next reversal point that will come all the way up to 1,5780. So i went on lower timeframes such as the hourly that you see here looking for some kind of simple pattern showing a break to the upward direction, and i've found a nice flag pattern that's recently been broken to the upside.
I'm waiting to see if the order (blue line) will get triggered. IN that case, stops below the low and targets as shown.

If you have any idea/question, feel free to comment below.
Otherwise, see you in the next chart!

Dagangan aktif

Dagangan ditutup: sasaran tercapai

1 target hit! Out at breakeven for the remaining part of the position
Komen
Risk7
Nice analysis. I'm watching this one with you. Cheers!
Roker1
@Risk7, thanks!
Risk7
That was excellent predictive analysis there. I didn't have a second target in mind, but I'm following yours now. Cheers to a good trade thus far!
fxdaily
wow that was quick. nice trade, was luck to get in on this one nice job
Lebih