If the bears are strong enough to keep the pair below 1.0920, we may then experience declines towards the 1.0893 hurdle, defined as a support by the low of November 15th. If that zone is not able to halt the tumble either, then the slide may be extended towards the 1.0870 zone, marked by the low of October 8th, and slightly above the low of November 14th. On the upside, we would like to see a clear break above 1.0965 before we start examining whether the bears have abandoned the field for a while. Such a move could initially target the 1.0980 zone, the break of which may extend the recovery towards the peak of December 3rd, at around 1.0993. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to […]
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