The price is above a key Support zone 163.000, a bullish move is what I highly expect from this area, with my target around 195.000 for the swing trader.
That risk to reward is quite rewarding for the patient trader. (1:10)
Hi @Godfrey254 The charts does show it is bullish at the moments, but i am expecting it to drop to the blue trend line you drew. before continuing up.
Yes that is possible, but given the fact that the trend is strongly bullish, I do not want to predict pullbacks, Iād rather be in the buy with stops below 163.000
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