Price seems to be stalling and with the over inflated dollar starting to weaken, if prices closes bearish in my value area of 1.13423 to 1.13831 going to look to short my way down to 1.12612 then monitor market mood from there.
Comment:
Price has fallen into the centre of my value area. I've made an aggressive entry @ 1.13844 which is now around 25 pips in profit with stop loss at entry, TP @ 1.12653.
If price closes below the 1.13423 area i will enter again, target being around 50 pips in the 1.12900 area.
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If price closes below the 1.13423 area i will enter again, target being around 50 pips in the 1.12900 area.