Looking for a possible push to the upside for EUR/RUB after price broke structure to create an higher high, came back for a retest and currently finding support at the most recent swing high on H4 time frame. Additional confluence include, 70.5 fib level, Major QP and pin bar candle stick formation. I'll go down to a lower time frame to look for a break of structure to the upside which will signal H4 trend continuation before entry.
Trade active:
Price moved as expected, only few pips away from my target, took tp1 and moved stoploss to break even.
Comment:
take profit slammed