1:Key level breakout with bullish engulfing candle. 2: Change in market structure with creation of new high. 3: Trendline Breakout.
Summary: Trade has the potential RR of about +- 2.3. Trade will be entered on Tuesday during London session and or NY session. Targets are set using fibs.
Trade active
Trade entered at test of key level. We hold until T.P or SL
Note
Price came within 15 points of our stop loss pre - London open. The trade is still valid as long as the stop loss is not hit.
Trade closed: stop reached
On to the next trade!
Note
Price broke structure again and trade loss got hit again. That's why we preferer to take one entry and if we get stopped out, we walk away from the pair until the next month.
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