1.4070 is the 1.61 projection of the 4th wave. Price diverging with RSI and Stochastic RSI. With that in mind
Buy 1.4090
TP 1.4290 (6.2:1 risk:reward)
In reversal 3x shorts below 1.4080 for break even
Scope for extension below 1.4020
Buy 1.4090
TP 1.4290 (6.2:1 risk:reward)
In reversal 3x shorts below 1.4080 for break even
Scope for extension below 1.4020
Trade closed manually:
Buy at 1.4090 closed at 1.4020 (minus 70 pips)
3x sell at 1.4045 closed at 1.4020 (+75 pips)
Net +5 pips
3x sell at 1.4045 closed at 1.4020 (+75 pips)
Net +5 pips
