From my previous analysis, Price did not pullback into resistance and the upper OB, rather made a 38.2% retracement, before falling to the 88.6.
I entered on the 5mins BOS, and I am expecting price action in this shape.
The pullback on the shape should correspond to a 38.2% or 50% from the recent low. This is of importance when looking for an entry.
We also have GBP news at 7am, so keep watch as well.
As always, trade cautiously.
I entered on the 5mins BOS, and I am expecting price action in this shape.
The pullback on the shape should correspond to a 38.2% or 50% from the recent low. This is of importance when looking for an entry.
We also have GBP news at 7am, so keep watch as well.
As always, trade cautiously.
Trade ativo
Trade ativo:
I am taking partials profits for today. Manage your trades.
Trade fechado: objetivo atingido