Two fresh supply levels sit on top of each other.
The first one is a 4-pip zone allowing you to get a return of about 15 pips.
The strong push away from the area means there should be a turn lower in price the next time.
This is again an income trade.
EP: ~86.380
SL: ~86.420
TP: >86.230 (about 15 pips, ~4:1 return)
The first one is a 4-pip zone allowing you to get a return of about 15 pips.
The strong push away from the area means there should be a turn lower in price the next time.
This is again an income trade.
EP: ~86.380
SL: ~86.420
TP: >86.230 (about 15 pips, ~4:1 return)