Trade plan 27 October 2016

Daily Chart

-Daily chart Price Action Price broke through the strong resistance of 1.3300 psyc level, Price also broke through the Ascending triangle forming a Bullish trend Stochastic is currently overbought Market The 55 and 21 Moving average indicate a bullish Market

H4

-H4 chart Price Action Price is currently at Weekly (WM3) Pivot point,Price bounced off the 61.8% support fib zone forming a bullish trend Stochastic is heading to the overbought zone Market The is a great angle of separation between the 55 and 21 moving averages which confirms the Bullish market

H1

-H1 chart Price Action Price is currently at daily cluster pivot point DPP and recently bounced off the 61.8 fib support zone Market The 55 and 21 Moving average indicate a bullish market Planed Entry Looking for a break through the 1.33900 psyc level on the H1 followed by a series of higher highs and lower highs on the M15 Entry :1.33900 SL :1.332982 TP :1.35000

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