This pair is in an uptrend and has retraced back 50% of the last up move in the same way as EJ and GJ have.
Chart below
I am looking to enter a long position on a retracement to overlapping support of moving averages, fib level and pivot point. The stochastic MUST be in order at the time of entry.
Entry Levels and Chart below.
Entry: 67.65
Stop Loss: 67.35
Target: 69.15 (5%)
I will update should be get triggered into the trade and again when I move the stop loss
Regards
Scott
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