I would take this trade long on dips 1.084xx-1.086xx , since i have a bullish crossover and with ECB tonight, we might have enough catalyst to give a run to 1.09666. On the contrary, if i see my ascending channel break on a 4 hr basis, i would open a hedge short instead of closing my longs
Note
70% profit locked, now taking hedge sell Note
Hedge Shorts in place with 1.089XX on sight to be retested next weekNote
Note
We are in a wait and watch zone, if we look at this using simple RSI
Note
Looking at it from ichimoku perspective suggest 1.08600 is the protection area from bulls at start of the weekNote
Note
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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.