+27-03-2008+(before).jpg)
*Attached chart (Before). Click on it for the enlarged version.
Hello everyone,
Today I initiate a long position on the EUR/USD at the price line 1.5770 at 5:47pm (Singapore Time) | 9:47pm (GMT).
I saw price action movements and candlestick pattern. Saw a "Hammer" nicely at 23.6% (Fibo) followed by an up close candle as confirmation. Supported by Slow [Ash C Wave] still up, [Ash Cross Over] crossed up.
My Stop Loss at 1.5740(30pips) and Target Profit at 1.5850(80pips). Risk : Reward = 30 : 80 = 1 : 2.6
Currently, I am about 30pips in the money. Have already shifted my Stop Loss to Protective Stop at the price line of 1.5771 (1pip in the money).
Will update as this trade goes by :)
Peace and trade safely everyone...
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