Pair in downtrend. I can see a possibility of rejection in 1,13 -1,13100 area. Don´t enter blindly on entry line. Wait for clear rejection candle (evening star, bearish engulfing pattern) on 4H or 8H chart (1H if you are brave enough). Price will "visit" 1,13150-250, wait. Just when it closes back under the entry line enter and set SL. SL is calculated 1 ATR from daily. TP as mentioned. Upper green line is a possible pull back area. Don´t be greedy and TP your position partially. This is not a financial advice. Good luck.
Kommentera:
ENTER NOW at current market price 1,12900
Kommentera:
Price is on entry line again.
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