In my opinion today looks like a very quiet day. So I will take the opportunity and go short with following idea:
During the Tokyo-Session the price levels at 1.0680 (red X) have been taken out, what I call a Run for Stopps. For a comfortable trade I goal the levels marked here as Area for Take Profit. If the level won't get hit today so I guess this target can be hit on monday.
Just a simple price action idea. Without any complicated thinking.
What are you thinking about it? Good? Bad?
I wish you a lot of pips!
During the Tokyo-Session the price levels at 1.0680 (red X) have been taken out, what I call a Run for Stopps. For a comfortable trade I goal the levels marked here as Area for Take Profit. If the level won't get hit today so I guess this target can be hit on monday.
Just a simple price action idea. Without any complicated thinking.
What are you thinking about it? Good? Bad?
I wish you a lot of pips!