I am bullish on this pair as it is a consolidation for a up trend. so i think this would be a counter trend set up. so will be a careful with any profits. If C leg is broken then will need to reconfirm if this set up is still valid. Also 1.5770 area seems to be resistance for now.
I will put a stop order for now to short at 1.5770 with a sl at 1.5845 (X + ATR) T1: 1.5705 T2: 1.5665
I will put a stop order for now to short at 1.5770 with a sl at 1.5845 (X + ATR) T1: 1.5705 T2: 1.5665
Order cancelled
price missed my entry by 10 pips
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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.