I'm probably a little late posting this set-up but the risk:reward ratio suggest it's a good opportunity nevertheless. I'm looking for a 100 pip move back up into the previous support turned resistance around 86.45. Note that we have a double bottom but the bullish divergence on the rsi after the market went oversold yesterday is the extra confirmation that i needed before i took this trade so let's see how it works out.
www.tradewithme.co.uk
Understanding market structure
www.youtube.com/watch?v=-g93fXLa...
watch & sign up to my weekly video
www.youtube.com/watch?v=FlS2NeSQ...
www.tradewithme.co.uk
Understanding market structure
www.youtube.com/watch?v=-g93fXLa...
watch & sign up to my weekly video
www.youtube.com/watch?v=FlS2NeSQ...