Only entering sell if price breaks support the 109.400 area and then holds as resistance. It seems like it can be a possible head and shoulders pattern on the 15 minute time frame. Waiting for price to see how it reacts. Risk 1%.
Note
I have added sell stop at 109.375 for a 12 pip stop and 25 pip take profit for a 1:2RR.Trade closed: target reached
Take profit hit!!Note
Made 2% on this trade.
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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.