If auctually D1 candle will became a pin bar, then I'm going long.
The price is traing to break support between 0.7375 - 0.73480.
In my opinion this support will be break, but before that market needs to get break and return to last resistance
in 0.749 - 0.75150 which is also neighbours fibonaci retracement.
So if this candle will close abowe 0.738 |I'm going long.
Risk/Reward = 1:2.4
Entry: 0.738
SL: 0.733
TP: 0.75
The price is traing to break support between 0.7375 - 0.73480.
In my opinion this support will be break, but before that market needs to get break and return to last resistance
in 0.749 - 0.75150 which is also neighbours fibonaci retracement.
So if this candle will close abowe 0.738 |I'm going long.
Risk/Reward = 1:2.4
Entry: 0.738
SL: 0.733
TP: 0.75
Trade closed manually:
I decide to close this position manually.