Trade currently up 75 pips from last week's entry. Today just closed with a very strong bull candlestick, confirmation of upwards movement.
Indicators Recap:
1. Currently at bottom of weekly channel acting as support.
2. Stochastic RSI weekly and daily oversold and in the buy zone.
3. Upward Trend still dominant.
4. Bull candlestick close end of day 07/13/2020.
Additional Entry or if you missed first entry:
1. Wait for short retrace on 2hr or 4hr time frame around 1.6300
Next small Resistance at 1.6540 for a TP target.
TP 1 and TP 2 remains the same for longer term trade.
Good luck trading!
Charles V
CVFX Management
Trading made simple.
Indicators Recap:
1. Currently at bottom of weekly channel acting as support.
2. Stochastic RSI weekly and daily oversold and in the buy zone.
3. Upward Trend still dominant.
4. Bull candlestick close end of day 07/13/2020.
Additional Entry or if you missed first entry:
1. Wait for short retrace on 2hr or 4hr time frame around 1.6300
Next small Resistance at 1.6540 for a TP target.
TP 1 and TP 2 remains the same for longer term trade.
Good luck trading!
Charles V
CVFX Management
Trading made simple.
