Lets play this long trade here. Probably a less riskier bet would be to long from 4HS2 level but I feel its gonna give a bounce for a long trade already from 4HS1. I will add if it goes to 4HS2. The target should be the next 4h resistance 4HR1 zone around 7.27-7.30.
Trade closed: target reached
This one got filled finally. And the price bounced there. This is why sometime one needs patience for a good entry and it pays off. Just closed this one at 7.20. It might head for the target but could retrace here. I will add if it comes to 7.10.
Note
So as planned, again into the trade at 7.10. Target again the same 4HR1 zone.
Note
And that completes this double trade. I will look for another setup to trade this. I expect some retrace here. In general this one is showing good strength so a good candidate for long side trades.
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