Bias for EA is still short. we got a better entry yesterday but hopped out due to some news on GA and did not want to risk losing any more profit. Market has currently found resistance right at major Quarter point and we are looking to ride momentum down to next Quarter point. This is a really long trade set up so manage risk accordingly. NO drawdown on this entry.
Note
Bias was no long to the downside after Inverted head and shoulders was formed on 1H chart. Looking for burst above 1.625 and swinging for 250 pips all the way up to 1.65
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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.