You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 78.6473 but consider reducing the size of your position as the price gets closer to that target.
Related Posts
LTCEUR heading towards a price it has tested 4 times in the recent past.
LTCEUR is moving towards a key support level at 77.9800. LTCEUR has previously tested this level 4 times…
A possible move by ETHEUR towards 2329.6362
ETHEUR moved through the resistance line of a Falling Wedge at 2208.9225 on the 4 hour chart. This…
ETHJPY keeps moving closer towards 367673.9688. Will it finally breach this level?
ETHJPY is moving towards a line of 367673.9688 which it has tested numerous times in the past. We…