In this case there's no exact answer to this question.
It's important to know what type of trades you're looking for.
If you're looking for trades with great risk to reward ratio but more risk, then the answer is yes.
However, if you're looking for trades with less risk, then you would have to wait!
It is still more likely to see price going up.
Buys with SL below 1,1234 and target 1,1442 will give you that good RRR but also more risk.
This will be confirmed once we see price breaking above 1,1334.
Which option would you chose to trade?
It's important to know what type of trades you're looking for.
If you're looking for trades with great risk to reward ratio but more risk, then the answer is yes.
However, if you're looking for trades with less risk, then you would have to wait!
It is still more likely to see price going up.
Buys with SL below 1,1234 and target 1,1442 will give you that good RRR but also more risk.
This will be confirmed once we see price breaking above 1,1334.
Which option would you chose to trade?
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