UJ Stacked in a Supply zone fore days. The zone holds in a solid way and everything will be clarified tomorrow during NFP.
With a trendline break, I see a sell opportunity at the retest of Trendline and Supply zone.
It is very possible to go for a stophunt at approximate levels of 145.9-146.2.
So, in order to be safe I will lower my lots and at the same time I will increase the stop loss, with a profit targe at the demand zone and the previous trend line, In case this scenario takes place, it is good to take partials after the 142.5.
Do not trade blindly and always follow Risk management.
Good luck to everyone and I am waiting your feedback.
With a trendline break, I see a sell opportunity at the retest of Trendline and Supply zone.
It is very possible to go for a stophunt at approximate levels of 145.9-146.2.
So, in order to be safe I will lower my lots and at the same time I will increase the stop loss, with a profit targe at the demand zone and the previous trend line, In case this scenario takes place, it is good to take partials after the 142.5.
Do not trade blindly and always follow Risk management.
Good luck to everyone and I am waiting your feedback.
Trade closed: stop reached