There is a flag pattern invalidated.
What is to be noticed more, is that seller where catch before on that false break.
So my 2 scenarios will be like follows:
1. Aggressive entry on Monday open - 3RR trade
Entry - Price breaks under support, and on correction we open SELL.
SL- 2xATR
TP -3RR
2. Passive entry on a pullback 1.549 level
Entry - pullback at 1.549 level
SL 2xATR
TP 5RR
What is to be noticed more, is that seller where catch before on that false break.
So my 2 scenarios will be like follows:
1. Aggressive entry on Monday open - 3RR trade
Entry - Price breaks under support, and on correction we open SELL.
SL- 2xATR
TP -3RR
2. Passive entry on a pullback 1.549 level
Entry - pullback at 1.549 level
SL 2xATR
TP 5RR
Trade active
Trade closed: stop reached