Price is at the 38.2 Level
Look left there is some strong structure highlighted by the yellow box.
RSI has closed below 50 which is selling territory
I would like to see what happens on Monday. I do not expect price to break such structure. Also notice the candle that has formed on the 4hr
However I have marked up an example of using small risk to great reward. It's only 8 pips to gain TP 1 = 75 (1:8.9) & TP2 138 (1:16.3)
Look left there is some strong structure highlighted by the yellow box.
RSI has closed below 50 which is selling territory
I would like to see what happens on Monday. I do not expect price to break such structure. Also notice the candle that has formed on the 4hr
However I have marked up an example of using small risk to great reward. It's only 8 pips to gain TP 1 = 75 (1:8.9) & TP2 138 (1:16.3)