Overall a Longtrade, but Hedgers have the interest to first close their open Short Hedge position before price will actually continue Long on the Daily - Weekly Timeframe. On the way to close their short position they are accumulating long positions.
This entry im taking here is kind of risky - best way to enter the trade is a 1H close below 1.64.
Manage your risk - dont get stuck in price consolidating further.
Cheers
This entry im taking here is kind of risky - best way to enter the trade is a 1H close below 1.64.
Manage your risk - dont get stuck in price consolidating further.
Cheers
Order cancelled:
Just found out today is holiday, trade didnt trigger and is cancelled there wont be any moves today due to no volume :)
Trade active:
Trade is valid again, ill take the trigger