>The institutional bears who were selling since 1.1096 level has finally come to clear their existing positions.
> This will push the price up.
> normally 50% retracement level is where the positions are totally cleared, but it is difficult to trade the UNLOADING OF POSITIONS.
> So we can trade moment by moment.
>lot size should be half than normal because we are trading risky spots here.
>STRICT SLs.
ALL THE BEST
> This will push the price up.
> normally 50% retracement level is where the positions are totally cleared, but it is difficult to trade the UNLOADING OF POSITIONS.
> So we can trade moment by moment.
>lot size should be half than normal because we are trading risky spots here.
>STRICT SLs.
ALL THE BEST
Trade closed: target reached
Target 3 achieved.Note
105 pips + profit running
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Disclaimer
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.