As we can se the price is testing resistance in 1,54 area. We have strong confluence up there whitch is 2 times testing resistance and 2 times support, there is also trending line which was respected since September 2017, we had a break in May now price i retesting this line, There is also 0,382 fibonaci retracement. I decide to go in that trade now.
Risk/Reward = 1/2
Entry: 1,535 SL: 1,556 TP: 1,4905
Trade closed: stop reached
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We had a important news in Canada, I've misted that. This will never happend again.
Comment
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I decide to go short again, because of pinbar on resistance.