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US100 index broke out of the cloud of uncertainty
The US100 index was in an upward trend, but then turned into a sideways price movement. It became unclear whether this is a pause or a trend reversal. But now the price has broken out of this sideways movement, started to rise rapidly and created a new all-time high at $ 15387. We will use the breakout of this high to open a position. We place our order to enter the market at 15395 just above this high. We will set the Text Profit order a little higher at the price of 15430, as this will be a new maximum.
Symbol: US100
Order Type: Pending Order - Buy Stop
Entry Price at 15395
Take Profit at 15430
Pips Earning: 35
Forex trade strategy and trading signals for major currency pairs:
EURUSD sell at the price of 1.1730
USDJPY sell at the price of 109.60
GBPUSD buy at the price of 1.3735
USDCHF sell at the price of 0.9130
Trading recommendation result