EURPLN is technically on a new up trend

11 Nov 2019

LONG - EURPLN
SL: 4.24797 (Suggested by our algorithmic system)
TP: 4.31189

Reasons behind this idea:

1. Price broke through resistance trendline

2. RSI & MACD indicator is showing bullish divergence

Caution: Important economic reports are due on November 15th.

---------- Chart Drawings ----------

Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Purple Vertical Line: Suggested Stoploss by our algorithmic systems (under testing)
Green Vertical Line: Suggested Take Profit
Green Arrow: Bullish Divergence

Trade idea from our mobile app: ibb.co/SXXcMv6

Please trade responsibly and good luck!

13 Nov 2019

Dagangan ditutup secara manual

Our app has prematurely closed the trade early at 8.20am 13 November AUS Sydney Time. Close price: 4.27989

Screenshot: ibb.co/N3GhYCZ

Our app doesn't always close trades prematurely, here is a good example of trailing stops to let the profit run.
Screenshot: ibb.co/f9xxLSN

It is an art of balancing your risk (stop loss) management to protect yourself from losses but also to not cut your profits too short. :)

14 Nov 2019

Nota

Trend reversal is confirmed.

25 Nov 2019

Dagangan ditutup: sasaran tercapai