Just like GBPJPY we will await for a clear breakout of the triangle.
The reason i put the short where i did was because the other two candle was caused by fundamental news but for the most part the triangle resistance has been respected.
I am shorting it if it goes below the last lower low. If it does not make it past that i will wait for it to either go long or not take a trade at all.
In either case lets wait for a clear break out of the triangle before taking any trades.
Some of you may want to take the trade a few more pips above the last higher high if you are going long
or
Take it a few more pips below the last low ensuring you will not get stopped out.
As per my usual trading style i will only risk 25 pips.
Lets hope it goes well!!
The reason i put the short where i did was because the other two candle was caused by fundamental news but for the most part the triangle resistance has been respected.
I am shorting it if it goes below the last lower low. If it does not make it past that i will wait for it to either go long or not take a trade at all.
In either case lets wait for a clear break out of the triangle before taking any trades.
Some of you may want to take the trade a few more pips above the last higher high if you are going long
or
Take it a few more pips below the last low ensuring you will not get stopped out.
As per my usual trading style i will only risk 25 pips.
Lets hope it goes well!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.