Price moved strongly above the previous high ( Strong resistance line) and moved lower. When price broke below the 1.28669 level i saw that as a break in market structure.
Any move back into the green box area was a sell. I had a market order at 1.28822 and stop 1.30033. The price moved higher very quickly filled my order. The fast move yesterday was probably caused by the news. Currently where the price sits its stagnant. The market may try to reach higher one more time and sweep the buy stops resting at 1.30033 level.
Any move back into the green box area was a sell. I had a market order at 1.28822 and stop 1.30033. The price moved higher very quickly filled my order. The fast move yesterday was probably caused by the news. Currently where the price sits its stagnant. The market may try to reach higher one more time and sweep the buy stops resting at 1.30033 level.