Hi guys! I'm back with another analysis for my journal. I currently am short on this pair given the fact that it made a double top break while on positive momentum. I actually initiated the trade earlier and already closed in profit but I am expecting price to fall until 1735 region. With this Idea, I placed another trade right now with the stop loss being placed around 1750 area since I want to follow through my ideas and not just say it. I initiated the trade because of how it reacted to my region of interest along with what the indicators are showing. My tp for this would be the 1735 region.
Comment:
Hi guys! To those who were able to read my idea and actually rode it, TP has been reached as of this time. Congrats to those who were able to ride it to the short side! I actually got stopped out because I moved SL closer but I re-entered and still aimed for the TP region that I mentioned above.