So this is what I see..
1. if price pushes into the 1.29900 region and breaks thru that resistance, we wait for a retest and sniper entry ride it all the way up to the given TP (1.30800) around +/- 90 pips.
2. if price breaks support of 1.2900, we wait for retest in that region and look for good sell entries looking at a TP of 1.27700 around+/- 110 pips.
I dont trade with trendlines - only support and resistance, and breakout of those.
Lets see what the market has in store..
let me know your views in the comments below :)
1. if price pushes into the 1.29900 region and breaks thru that resistance, we wait for a retest and sniper entry ride it all the way up to the given TP (1.30800) around +/- 90 pips.
2. if price breaks support of 1.2900, we wait for retest in that region and look for good sell entries looking at a TP of 1.27700 around+/- 110 pips.
I dont trade with trendlines - only support and resistance, and breakout of those.
Lets see what the market has in store..
let me know your views in the comments below :)