Wait for the price to pull back at previous Support and we can see the bullish momentum still strong at the moment. What is more favorable for me in this pair is the risk quite low. So in this entry I just risk 20 pips away from my entry point. Last but not least, let see how the price action move to the entry point.
Trade closed: stop reached
Hit SL. Strong supply zone on the left structure. Price to PO with significant drop and not in compression.
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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.