Price has ran into a strong-ish sell zone and has reacted well. Look for price action signals for a potential short back to one of the demand zones. I do believe 1.261 is a reasonable end target.
Comment:
This doesn't meet with my criteria exactly and so I won't be taking this trade myself.
Comment:
If you've taken this trade, it may be wise to take TP1 from this area.
Comment:
Take TP2
Trade closed manually:
Although I'm bearish on this pair, the 4hr is making higher lows.
Comment:
I closed the trade already on Feb 8th but the target was reached 24hrs later.
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Disclaimer: I do not take all of the trades I publish.
Facebook Group: www.facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.