This one seems pretty simple.. obviously with the world right now nothing is simple but the idea. So on the 1 Hr we broke Trend retested and back down. also there is a big fair value gap that perfectly lines up with the golden pocket fib that also lines up with the top of the candles from the bottom. Easy SL above the wicks .. you could go higher above the wicks on the left but going above these local wicks would invalidate the trade regardless. 1/8 reward. Well see
Note
0.6405 SL is what im using Trade closed manually
Didnt like the way it was moving.. took a small loss will wait to see how it reacts around 0.64
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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.