I told you before that we will be analyzing the reason we entered into the trade later in the day.The pair just entered into profit and we have been watching it at the Forex Mechanic Workshop, although it has not reached our 14 Pips that we wanted to used for our Stop Loss . But as it is we don't like giving back profit once we make it..
Again in the Chart below you will see that it has reached a Resistance Level of 0.64749 and we have to wait for that Price level to be broken.
So once the one hour candle closes above 0.64749 then we will wait to till next week to cash out the profit target
See The Chart Below
The chart will show you that we are in profit already .
About now the battle is on to break the Resistance level so we are watching the 5 min Chart to take decision
Whatever we decide we will let you know. If we are going to scalp and reenter next week .
we have a culture at the Forex Mechanic Workshop we don't give back profit once we make it no matter how small.
I think we will get out of this trade now . I just received a message from The Forex Mechanics now that the price has eventually closed under the Resistance Level . See what is happening in 5 Mins Chart you will see that even that our pips have dropped
SORRY WE ARE BACK TO PROFIT AGAIN SEE IT YOURSELF
Well we will see you next week
Have a sweet weekend.



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