ARB short - day trade Expecting a deviation of the current range highs at 1.1715$ and downward trend towards 1.1150$ - 1.1130$
Stops would be whatever the high ends up becoming and final TP 1.1130$.
If the current high capping the market holds and starts holding trading above 1.18$ position will be trimmed.
Entry around 1.715$
SL high of the day or monday high
TP 1.1150$ - 1.1130$
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.