Same as GBPUSD, Finally a clear Lower Low Lower High structure form at 4hrs chart.
Short the market when price fail to break and close above dotted line . Best to sell at price rejection (when price pierce through and close below)
TP 1.0996
SL - 30pip above the dotted line / 5 pip above the tail of price rejection candle
Short the market when price fail to break and close above dotted line . Best to sell at price rejection (when price pierce through and close below)
TP 1.0996
SL - 30pip above the dotted line / 5 pip above the tail of price rejection candle
Trade active
Price break below 1.12 , it's time to lock in 10pip profit by moving your trailing stop below your entry . Now just wait for harvest time =)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.