You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 2257.5650 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
If XRPUSD touches 2.8930 it may be time to take action.
A strong support level has been identified at 2.8930 on the 4 hour XRPUSD chart. XRPUSD is likely…
DASHEUR – approaching a resistance line that has been previously tested at least twice in the past
An emerging Channel Up has been detected on DASHEUR on the 4 hour chart. There is a possible…
BCHUSD is currently testing a level of 586.8500. Will the breakout continue or will things reverse?
BCHUSD has broken through a resistance line. It has touched this line numerous times in the last 12…