Buy limit at the CTL possible retrace- high value support -Target last psychological resistance
-Price is moving between the 4H Chart Pattern, see several touches and retrace
-We got and nice Psychological support are at 1.456, price could fall back at it
- Buy Limit order is place at 1.459 where a lot of buying pressure comes in
SL is 40 pips far away
TP is 110 pips
R/R of 1:2
-Price is moving between the 4H Chart Pattern, see several touches and retrace
-We got and nice Psychological support are at 1.456, price could fall back at it
- Buy Limit order is place at 1.459 where a lot of buying pressure comes in
SL is 40 pips far away
TP is 110 pips
R/R of 1:2
Comment:
Price did not hit the Buy Limit and turned earlier as expected