if the prevailing candle could break and ended the level 113.606 (with a strong body)1 it will be a short option as per my analysis. It also already broke the support level at 113.6043. first I target a TP to 113.1195 with a RR of 1:1 and further expecting to 112.8581 if the fading momentum could hold its reversal, RSI divergence also confined me to go for short
Trade active:
Level 113.6061 broke with a strong bearish candles, initial TP now can extend to 112.8581 while keep monitoring the price action behavior with the nature of candles type
Trade closed: target reached:
TP Level 1 triggered
Trade closed manually:
Only TP 1 enjoyed