Disliked{quote} Touch trade was filled. Risk 133€ & targeting the 114.74 price level. Touch trade is highly risky and thus a tight stop loss is vital. Still price did not gave me the chance to break even the trade. {image}Ignored
Facts with EXISTING DATA on the charts:
Fact 1: All trends are pointing up (Monthly, Weekly). All other time frames will follow...
Fact 2: The critical zone from 113.62 -113.71 is now acting as support and last week closed above.
Fact 3: Buyers weakness to close the price above the primary resistance 114.04ish. The reason that I got out of the touch trade.
Fact 4: Price can do whatever she wants and we have no control over her.
Every so often wrong and sometimes right but always honest. MV