If it will make similar move as on Thursday, we could see a bounce down and up in few hours. In this case I'll open short with tight stop loss and aiming for previous lows. If it won't bounce up, I'll seek for kiss of death and enter at retest of rectangle lower border with stop loss few pips above rectangle higher border.
But that's not all, folks :) On daily we can see H&S formation, so I'll try to make more of it. I'll close 1/2 of trade at target, lower stop loss and hope for 0.7 to get broken. In this case 0.684 is next target.
Daily H&S:
But let it first open on Monday.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
But that's not all, folks :) On daily we can see H&S formation, so I'll try to make more of it. I'll close 1/2 of trade at target, lower stop loss and hope for 0.7 to get broken. In this case 0.684 is next target.
Daily H&S:
But let it first open on Monday.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
Triggered.
Trade closed: stop reached:
SL reached, too bad.