We have a high probability that this pair will go up first before it might go down again. So we are going to take the buy trade first but will wait for the price to go down a little before we buy so we can have a discounted price and a tight SL as well.
If we miss our entry, then we just move on to the next trade.
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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.