Price is clearly in a downtrend and it is retracing to a 1HR OB. Price never took out the low and created a lot of liquidity inside the large range. I am expecting price to drop from one of these 2 zones. I will be keeping an eye on lower time frame price action once price taps these zones.
Trade active
Got entry at 190.024stops are at Break Even currently and floating in 120 pips profit. Final target is the 188.138.
Trade closed: target reached
TP reached
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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.