Expecting LONGs on GJ if price holds the level it broke recently.
1:4 R (14 pips SL for 55 pips profit)
Currently watching price action to take this entry after the retracement ends and price shows signs of bullish pressure.
Nice BUY setup if 1.63600 holds as support.
1.5 R (SL 22 pips)
Waiting for clear price action (multiple wick rejections, pin bar, engulfing candlestick, etc)
The alternative scenario however on the same bullish bias would be if the price doesn't respect the 1.63600 level, and hangs around 1.6300/200.. I think BUYS would probably stand valid from there - of...