On the 1H and who do you see ... Head & Shoulders (chart pattern).
If you enter now, you're looking at 22 pips which is good for a scalper assuming there is no retracement back up to 1.55. I'll rather enter below the 1.54 on a good bearish price action. (Alerts Set)
With this move you're looking at a good 83 pips if you land on the trendline.
If you enter now, you're looking at 22 pips which is good for a scalper assuming there is no retracement back up to 1.55. I'll rather enter below the 1.54 on a good bearish price action. (Alerts Set)
With this move you're looking at a good 83 pips if you land on the trendline.
Comment:
Didn't mark my extra trend line in closer (minor error) but we never entered because price didn't hit our entry point below 1.54. Instead price broke above to 1.58 entering for a buy and is almost at TP.