A doji was formed around a strong resistance line on the 4hr time frame. I am comfortable that a drop will occur and will I hold unto this position until it reaches the 50% Fibonacci line. In which I will conclude if this position has potential to move further down.
My stop loss is above the resistance line.
My stop loss is above the resistance line.
Trade active:
First target - 1.05880
Trade closed: target reached:
Forgot to update but I closed it a few pips away from my TP.