This article was posted on Friday, 10:12, UTC.
The price broke 200.00 resistance level. The trend line supports the upward movement. We can try to catch possible movement. Pending orders for buy should be placed above the local swing high. Stop orders must be below the trend line and the local swing low. Profit targets are 216.00 and 224.00 level. This is a short term trade. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
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Profit Targets: 216.00 and 224.00
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Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.