There is a bearish bat setting up on the 30 min chart. There is a lot of structure resistance at the 1.0730 level as well. I have my stops just above 1.0742 and have two targets, one at 1.06745 and a follow on at the 1.618 ext at 1.0635. Good luck trading out there.
Comment:
Price strongly rejected the .786, we'll see if we can get strong reaction out of our entry at the .886.
Trade active:
I just got filled. Let's see if if price continues to the down side.
Trade closed: stop reached:
I was stopped out. On to the next trading opportunity.