I don't see trends in this chart and can easily say the market is not trending and is sideways.
I have defined 3 supports and 3 resistances and can play around to book some profit.
I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way.
Total Order = 2 with 2% risk each.
For each order two trades with 1% risk each for TP1 and TP2:
Order#1:
SL: 1.08025
BUY STOP: 1.08340
TP1: 1.08655
TP2: 1.08970
Size: 0.52
Order#2:
SL: 1.07605
SELL STOP: 1.07445
TP1: 1.07285
TP2: 1.07125
Size: 1.03
I have defined 3 supports and 3 resistances and can play around to book some profit.
I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way.
Total Order = 2 with 2% risk each.
For each order two trades with 1% risk each for TP1 and TP2:
Order#1:
SL: 1.08025
BUY STOP: 1.08340
TP1: 1.08655
TP2: 1.08970
Size: 0.52
Order#2:
SL: 1.07605
SELL STOP: 1.07445
TP1: 1.07285
TP2: 1.07125
Size: 1.03