The price is testing resistance right now between 1.703 - 1.700.
There is also trend line from February 2017.
In this place is also 0.618 fibonaci retracement, so it's a lot of confluence.
If we look on H4 chart there is a pin bar, so it's good Price Action signal.
I decide to go short now.
R/r = 1:3
Entry:1.69736
SL:1.71
TP:1.657
There is also trend line from February 2017.
In this place is also 0.618 fibonaci retracement, so it's a lot of confluence.
If we look on H4 chart there is a pin bar, so it's good Price Action signal.
I decide to go short now.
R/r = 1:3
Entry:1.69736
SL:1.71
TP:1.657
Trade closed: stop reached