Took some profits of my position yesterday where I went long. Now should be seeing a nice pullback to around 1.17260 (61.8 FIB). We respected the trendline so I'll be going short. I'll be risking around 20 pips for a 100 pips reward. Nice 5 RR ratio.
Comment:
UPDATE: change of plans, don’t think we’ll be respecting our previous target for much longer. I’m gonna hold on to this position and see if we can break through 1.172. Not a daytrade anymore, now wanna see this pair melt all the way to 1.153 (daily support zone). Going for 250+ pips!
Comment:
We hit the resistance at 1.182 again, still letting it swing until around 1.153
Trade closed manually