Looking for a level to enter long, currently overbought on this TF and at the previous high resistance, possibly going down now, so I will keep an eye on the 1350-1360 level to enter long again...
For short-term trades SL below the daily pinbar looks like a good level (around 1330), for the longterm long trade SL below 1250 at least or below 1200 for safety depending on the position one is taking...
For short-term trades SL below the daily pinbar looks like a good level (around 1330), for the longterm long trade SL below 1250 at least or below 1200 for safety depending on the position one is taking...
Trade active:
Long
Comment:
Short-term the setup was no good.
New entry long at 1321, will add 1305-1270-1210 for a longerterm long.
New entry long at 1321, will add 1305-1270-1210 for a longerterm long.
I will keep it open until I have reached my preferred position size (not trading the setup on chart but it is valid for those who like the setup), I will add if it drops further.