Price has broken market structure on the lowertime frames (H1 & M15).
I'm looking for price to trade back down into the region below where I'll be looking for a long opportunity with my stop below the market structure.
Looking to target these two areas above as intial targets. Based on how the week closes will determine whether I am looking for a longer term swing position.
Good luck.
Trade active
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Trade closed: target reached
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TP 1 hit. +6%
Clean.
Stop moved to BE. Letting the other half of the position run to final TP.
Comment
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Stop has been raised to 1694 in profit. Very bizzare price action on DXY this evening.
Trade closed: stop reached
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Boom. Final TP hit.
1:10 on this one!
Now we sit out and assess what the market wants to do from here.