Daily bias switched over to long today. no strong resistance till 85.77 visible.
2 potential entries marked on chart along with all relevant information needed to assess long idea.
additional potential entry can be expected at London open. I usually trade just London session but this setup looks too good to pass on if it presents right away. but I will wait till the POC is cleared. whether it does this in next 15 minutes or after London opens up, we will see.
Comment
Update on this idea - as expected - had to wait till London session for the long setup. the second entry now valid since asia session buyer seller ratio confirmed the bias.
Trade active
tagged in. entry - 85.36 SL and TP as shown in figure. will probably leave 10% on after TP gets tagged.
Trade active
TP hit. 10% left as inside value setups tend to rally more than the others.
Comment
Full close TP at 86.00 being a potential reaction area and also a psychological level.
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