Same situation as GJ we have seen the double top with the second touch lower with 20 + candles in between the second touch clearly showing exhaustion. We also have a fresh break out of consolidation towards the downside so waiting for the waiting for a pullback towards the old support to confirm its new resistance before entering and targeting the lows. First TP = frist support, second TP is the next support aiming for 100 pips on this also. NExt support has the 200 moving average below confirming confluence towards this area.
Kommentera:
So since i had missed the first entry point at at 115.884 from the consolidation price i had to wait for a pullback which price had never gave me. Original set up would have secured TP 1 at the first support for around 45 pips. Theres always more set ups though!