The ratio of open positions for sale and purchase, according to the aggregator of open positions at the close of the market, was 13% for sale versus 87% for purchase.
The target direction for opening deals, taking into account Monday, is carried out in the direction of the “crowd”, i.e. in the purchase.
While the level of 1.1302 is not broken the probability of price movement to the north is still quite high.
When trading in purchases it seems very promising to get a good profit with small losses (remember about money management).
If you buy from the current, then it is advisable not to place the stop immediately under 1.1300, there are a lot of them without ours ;-). We have a possibility of taking stops by market makers and returning the price to the corridor 1.1300 - 1.1800.
But keep in mind that now 1.1300 serves as a borderline, and the current price is on the edge of the abyss. If it is pushed below 1.1300, then we will go to 1.0700.
In this scenario, you should wait for the breakthrough and retest of the level of 1.1300 and work downward from it with a stop-loss at 1.1302.
The target direction for opening deals, taking into account Monday, is carried out in the direction of the “crowd”, i.e. in the purchase.
While the level of 1.1302 is not broken the probability of price movement to the north is still quite high.
When trading in purchases it seems very promising to get a good profit with small losses (remember about money management).
If you buy from the current, then it is advisable not to place the stop immediately under 1.1300, there are a lot of them without ours ;-). We have a possibility of taking stops by market makers and returning the price to the corridor 1.1300 - 1.1800.
But keep in mind that now 1.1300 serves as a borderline, and the current price is on the edge of the abyss. If it is pushed below 1.1300, then we will go to 1.0700.
In this scenario, you should wait for the breakthrough and retest of the level of 1.1300 and work downward from it with a stop-loss at 1.1302.