3 pins to the high and its lights out
Finished macro cycle with 3 pins to the high. Note how that giant candle stick's body closed below the high. This news to the upside was to induce retail trader long, stop sellers and trap traders who bought too late. This is just an idea. Not taking this trade honestly because of TDI confluence but yet it is quite possible for it to tumble down in a new cycle to the downside in long term. Gonna see how it unravels in London Session.
Comment:
booked profit @ 1.97410
SL @ 1.991 (about 70 pips)
TP1 @ 1.96900 (150 pips)
TP2 @1.94600 (370 pips)