On this chart a long trade is suggested.

We will take advantage of trading in direction of the 200 ma that acted as support on this pair and place a bullish trade to take the opportunity of the increase of todays interest rate.

Like this we allign the technicals with the fundamentals.

The stop loss would be placed below the actual swing low with an open take profit because if the trade takes of it could go for quite some time.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.