This is the first trade for this week We want to utilize the confluence resistance and go short to the target zone
Good luck
Note
Now at the top of the sell zone Good opportunity to buy with very low risk Just place your stop a few pips above the sell zone
Note
Excellent entry. We are already 30/40+ pips up Consider taking some profit off the table as this is a counter trend trade and letting the position run to your liking
New SL position just above the last high
Enjoy
Trade closed: stop reached
No loss if you took profits Now don't expect a drop before 1.0735
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.