Hello Price Action Traders.
The forex pair has gone upward after 7 November’s low and the market made higher highs and higher lows. The 1.6450 level support is a nice level to watch because price remain above it and some days ago showed us a Bullish Pin Bar, a simple and efficient trading strategy based on price action naked. I now expect a rise in prices at least until the first resistance at 1.6800. However, if the market broke down the 1.6450 area the signal would fail and you should stop with a small cost the long trade.
It’s all for today
If you want to keep reading my in- depth outlook of the market you can access to my premium forex signal service and be part of my professional community and then become a true price action trader subscribing to this link:
FIRST MONTH FOR FREE!!!
Get Naked Get profit!
FROM A REAL TRADER TO REAL TRADERS