Analysis: According to Ichimoku signals: Daily, 4-hr and 1-hr downtrending. For extra sell confirmation i switch to Stochastics and Bollinger Bands. I will wait for price to break inside bar to downside. Stoploss @ 1.58149 (70 pips) Target is strong resistance @ 1.54862. Risk to Reward 3.85. Potential pips 235. I will exit early if price breaks yellow trendline in H1.
Order cancelled
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trading is off. price broke trendline and closed inside bar and doji to upside. Ill wait for another opportunity.