The market is following a nice market structure, rejected the trendline, made higher lows in the 60 chart and right now it made an engulfing, maybe indicating its going up. Took a 1% risk buy with a 2:1 RR, stop loss after the previous candle wick and target 1 is the next zone at 1.23680
Note
Started ranging. I think we'll have to wait for next week to see what happensNote
Ok so it hit my SL and it broke the trendline, I think it would be a good short. Waiting for confirmation
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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.