My idea is that the pair will retrace to previous high's. A favourable risk/reward ratio is in place and a SL, again, mitigates the risk.
Trade active
Idea remains valid. SL moved to entry price to avoid any losses.Trade closed: target reached
Target reached, trade idea closed for now.
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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.