1. There has been a strong upward move since September
2. Previous candle has shown bullish rejection at previous structure
3. 1:2 Risk / Reward ratio and more if price breaks resistence
If price does not hold here, then high probability it will test 0.90 before upward continuation.
2. Previous candle has shown bullish rejection at previous structure
3. 1:2 Risk / Reward ratio and more if price breaks resistence
If price does not hold here, then high probability it will test 0.90 before upward continuation.
Comment:
Price has pushed up, will wait and see if the 4 Hour closes above the fractal level
Comment:
Price has closed just above by a pip or 2, may wait and see if price retraces a little.
Trade active
Trade closed: stop reached