- Monthly : Big bottom, periscope breakout price action at 1.0656 last month.
- Weekly : Uptrend intact. Setback of past 3 weeks merely a retracement of recent strong gains.
- Daily : Huge daily reversal candle yesterday, signalling uptrend resumption.
- Trades : Long 1.1033, 1.0960 and 1.1050. Next key chartpoint = new move high at 1.1222. Add on break.
3 comments:
Taken 1/3 profits at -1.1142
Look to re-enter
Taichiseal, what made you decide to add at 1.0960 instead of your initial plan to stop at 1.0966? Gut feeling?
Oh dear. I didn't think that anyone was reading this blog anymore and have not been updating trades religiously as I used to.
Actually left out 2 trades in the sequence but was lazy to post update.
Actual sequence :=
1. +1.1033 x1
2. -1.0960 x1
3. +1.0960 x2
4. +1.1050 x1
5. -1.1142 x1
My apologies. Will make sure no omissions going forward. See next post also.
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