In my opinion today looks like a very quiet day. So I will take the opportunity and go short with following idea:
During the Tokyo-Session the price levels at 1.0680 (red X) have been taken out, what I call a Run for Stopps. For a comfortable trade I goal the levels marked here as Area for Take Profit. If the level won't get hit today so I guess this target can be hit on monday.
Just a simple price action idea. Without any complicated thinking.
What are you thinking about it? Good? Bad?
I wish you a lot of pips!
During the Tokyo-Session the price levels at 1.0680 (red X) have been taken out, what I call a Run for Stopps. For a comfortable trade I goal the levels marked here as Area for Take Profit. If the level won't get hit today so I guess this target can be hit on monday.
Just a simple price action idea. Without any complicated thinking.
What are you thinking about it? Good? Bad?
I wish you a lot of pips!
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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.