Long UJ opportunity!
Updated
Price looks set to take off. Long likely due to price taking the previous high by a few pips. Price has been in multiple retests and is within a greater wyckoff schematic. Price is likely to break to greater heights, higher even the indicated tps. Price will be looking to reach a supply area. SL is a little tighter than I normally would place for this move. There are at leasts two protected lows below my sl areas that I could serve as potential sl areas, but the rr makes the risk worth taking and the rejection indicating upside momentum is a confluence I can get behind. Still a sl below 130.6 would be a safer trade.
Comment
This one played out very well, already hit tp2 for a 3:1 thus far.Trade closed manually
closed in large profit 80% @ tp2Disclaimer
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.