Price broke out of it's previous major resistance @ 1.27500 and pushed up to 1.27800 then rejected and dropped back down to the same resistance that it broke out from.
My idea is:
Entry on the re-test level for a 1:2 setup since i'm already holding 2 other positions on GJ. This will be my trade for the day if it works in my favor.
My idea is:
Entry on the re-test level for a 1:2 setup since i'm already holding 2 other positions on GJ. This will be my trade for the day if it works in my favor.
Trade closed: stop reached:
Position got destroyed