Looking for an impulse to the downside breaking lower time frame support. If we get this i'll then consider shorting if we get some sort of pullback.
Entry - on the pullback. Stops above previous structure.
Remember, if the set up doesn't quite materialise, move on! There are endless opportunities in the market.
Risk - 1%
Target - 3.5%
Entry - on the pullback. Stops above previous structure.
Remember, if the set up doesn't quite materialise, move on! There are endless opportunities in the market.
Risk - 1%
Target - 3.5%
Order cancelled:
no position executed. Wasn't a convincing impulse to downside, especially looking at the hourly close. Onto the next :)
Comment:
The predicted move happened over night but great to see the analysis play out nonetheless!