So the reason of entry goes as the following, we got the strong divergence, the fundamentals also match that USD will be rising this week. we got the Inducement OB taken out. we will wait for it to retrace to our OB in the 1 Hour TF and then we will enter with the small SL. we will shoot for the 5 to 1 and also we can also hold for it to break the high which is may also do. Move the SL to entry after tp1 hit and take 60% Profits.
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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.