Since H4 wasn't giving me a clear enough signal for where price could be heading to, H2 was the next best Higher time frame candle. I noticed that price had broken out of 137.650 without any re-test of the broken level so I took sells once price hit this level.
Also made sense that price rejected H4 demand zone @ 137.170 to push to the next best supply zone @ 137.700 because price moves from zone to zone.
I'll be waiting for the next H4 open to determine if I will hold this trade or call it a day.
Also made sense that price rejected H4 demand zone @ 137.170 to push to the next best supply zone @ 137.700 because price moves from zone to zone.
I'll be waiting for the next H4 open to determine if I will hold this trade or call it a day.
Trade closed manually:
Closed for -10 pips, done for the week
