The trade idea is supported by a strong down-trend. About 25minutes are left for the complete breakout confirmation.
RR is 4+.
Trading Plan:
104.808 is the main support level we need to see break. If that breaks compounding will commerce.
If price cannot break the above mentioned "main support" level then I will look to cut the trade.
I believe price action over the next few days (by next week) could be at or below 102.400.
RR is 4+.
Trading Plan:
104.808 is the main support level we need to see break. If that breaks compounding will commerce.
If price cannot break the above mentioned "main support" level then I will look to cut the trade.
I believe price action over the next few days (by next week) could be at or below 102.400.
Kommentera:
UJ right now at the support, I moved SL into profit by 5 pips.