-Price ended last week with large wicks breaking the highs and retracing - Price then went into range and started to consolidate - Price broke out of the range with some momentum - If price does not pull back aggressively i will try to get in the first move to the downside High probability low risk - I will set a sell limit order and wait for price to pull back to the most recent low - If we get a couter trend and break the low before tagging me in i will delete my sell limit
Entry: 0.74084 Stop: 0.74204 12 pips
Note
i am deleting my sell limit order and will wait for another setup i dont like price action after the impulse
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