As we discussed in our previous post on this pair, we are expecting wave 4 counter trend wave to start and it appears we have had the first impulsive wave move. This means we can look to enter long on a retracement of this move... Very nice Risk to reward as well. Wait for a trade confirmation before entry (Candlestick pattern, RSI or stochastics)
Comment:
missed entry on this one unfortunately, will now be looking for the sell position around 0.72404
Order cancelled