GA 10.10.17 Long Taken

We have seen price break back above a daily level, we have now tested it as support and given us a signal to enter long to the next level. Break above MA on h4 and MA have just crossed on H1. We can see price formed an engulfing/3pin formation on daily support

I’m in two minds above what could happen next. If we break 1.70 i do expect new highs to be made, but if we sustain below we could be sing price print an LH telling us we could see another leg down. Will act accordingly.

Entry: 1.69490

SL: 1.69200

TP: 1.69963


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