Good area for long reversal with plenty of TP targets along the way. RR is > 7:1. Getting in as close to 1.0926 as possible for lowest risk.
Kind in mind that the larger trend is still bearish, so I will be going in with a smaller position than usual.
Kind in mind that the larger trend is still bearish, so I will be going in with a smaller position than usual.
Trade active
Took profits on all positions for now. Will re-evaluate on Sunday. Looking good.Trade closed: target reached
In my opinion, this trade is done. 3 Targets were reached, and we are facing resistance + increase in supply. Not saying it's impossible it will reach TP4, I just think it's unlikely.
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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.