Description
⋅ EG still looking bullish to me. Broke through a TL and now hoping for a retest before another push up.
Entry also lines up with the 618 retrace, an up-trending TL on the 15m and a key level with multiple wick rejections on the 15m.
I'm trying to work on the lower TF now as I'm looking for intraday trades so it doesn't seem logical looking on the 4h and above.
It's a small SL under the 786 which makes the trade risky but it's only 12 pips so a worthwhile risk.
RSI also low so could be ready for a reversal soon.
Entry: 0.90976
TP: 0.91360
SL: 0.90848
R:R 1:4