Take profits zone 1.3650-1.3700. Stop Loss - 1.3100
Trade active
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Comment
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lower timeframes 15mins, 30mins, and 1HR are all showing divergence to the downside. We may be looking at a pull back soon in which late entries may be able to get better positions. As for now, My stoplosses are to Break Even and profit targets are still set for the 1.3650-1.3700 zone
Trade closed: stop reached
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trade close. Break Even Stoploss hit. Will be monitoring this pull for a better entry to go long. Targets will remain the same. Stoploss will be placed under pull back higher low. I will update again when the trade is active.
Trade active
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Comment
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Explosive downside move with H4 engulfing candle. Looks like our stop loss at 1.3100 May be in jeopardy.
Comment
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Weekly and daily are still both showing divergence to the upside so I’ll Continue holding my position unless SL is hit