Sell area in Supply Zone (Drop Base Drop) and for entry confirmation need to monitor for price action. The setup for this pair based on my view are SR FLIP and Bearish Engulf as for now. If the price moves in compression to the entry point, can chip in @ 0.72988 (high risk) otherwise can wait for price to touch @ 0.70343 (low risk). Choose your risk wisely and for this setup, each entry risk just about 40-45 pips away from the entry point.
Trade closed: target reached
Hit TP on 19 Nov 2020
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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.