The market is following a nice market structure, rejected the trendline, made higher lows in the 60 chart and right now it made an engulfing, maybe indicating its going up. Took a 1% risk buy with a 2:1 RR, stop loss after the previous candle wick and target 1 is the next zone at 1.23680
Comment:
Started ranging. I think we'll have to wait for next week to see what happens
Comment:
Ok so it hit my SL and it broke the trendline, I think it would be a good short. Waiting for confirmation