Clearly making LOWER HIGHS AND LOWER LOWS. I have a sell stop at SELL STOP 106.550. A safer trade would be to wait for the break and retest. 1:2 RR 12.5 PIP STOP LOSS 25 PIP TAKE PROFIT. I am personally risking 1.5 %.
Note
I still have the sell stop in place. Be careful market is choppy right now.Note
SELL STOP still active.
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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.