Overall structure on the monthly and weekly timeframe is bearish. The pair currently testing weekly resistance at 34250 which has proven to be a strong barrier over the last month. Looking for a dump in price with the blue lines being areas of partial take profits while moving the stop loss. 1:20 risk-reward and a proper swing position. Let us see how it goes
Trade closed: stop reached:
Price has been on a heck of a bull run this week. Trying to trade the pullback has failed multiple times. Multiple trade setups coming up. More bullish momentum for the week ahead.