Assuming this were a smaller time frame, this is precisely what my mindset would be to execute this trade. Remember markets are fractal, so structure always applies in the same form.
I am going long somewhere between ~1.115 - 1.10xx
Targets @ ~ 1.16xx with the plan to short at my target.
I am going long somewhere between ~1.115 - 1.10xx
Targets @ ~ 1.16xx with the plan to short at my target.
Comment:
Long set up: