Market Broke and retested the 1.05000 are on tThursday and Friday. WEe now have a retest of this area on Asian Open. I am looking for a slight upward movent for market to cross my 1HR 75MA to the upside later today or tomorrow. After which I will look for a brek of 1HR 75MA to the downside,
Once this happens I will be liooking for entries on the break of !HR 14MA to the downside. I would expect mutiple entries this week.
Failing tHta I would wait for a break of 1.05600 level to initiate sells on the crossing of 1HR 14MA.
Good luck Guys
Note
****Correction, if market gets above 15600 the I would look to initiate BUYS short term.
Trade active
Took aggresive entry @1.0474 tp=500 sl=100.
Note
SL moved to BE trade is now free
Note
new Entry @1.04600 tp=500 sl=100
Trade closed: stop reached
SL 1 hit at small profit. SL 2 hit at 10 pips loss
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