Waiting for a solid retest of previous support turned resistance. With the such a strong reaction to the news I expect the price to continue to trend down to the previous support
Risk - 1%
R/R ~ 4.5
Stay safe and stick with your plan.
Risk - 1%
R/R ~ 4.5
Stay safe and stick with your plan.
Komentar:
I took the entry and have been in for the ride. Still currently holding my position. I suspect that we will see some downside movement in the near future. I'm still maintaining my bearish outlook for the pair and for this trade. Will update.
As always.
Stay safe and stick with your plan.
Entry - Ideally at 1.43200 but anything within a few pips will suffice.
Stop Loss - 1.44295
Take Profit - 1.38066