There was a nice reaction off of that area, about 160 PIPS
Note: On MT4 (U.S. accounts) – If you have more than one position you can exit one of them with a market order. If you set a stop loss or a take profit order, all positions will be closed.
The exchange rate of this pair came close to a long term swing area which led to a reversal.
I am long with a small size and will continue to monitor the price action.
I noticed a few likes on a couple of prior posts – Thank you
I don’t trade this pair often, and when trading longer term charts my timing isn’t always as good as this.
I noticed it mentioned on FX Street and watched it for a few days. Decided to go long with a small position.
I brought the stop to +200 pips and it was filled. Now I am short.
Charts101 Trading 