This is a scenario for longs.
We're looking for support around 1796-1784, the price should ideally wick in that region and close above 1810-13 on the Daily.
Target 1: 1830
Target 2: 1840
Target 3: 1850
Optimal Entry - 1795
Stop Loss - 1775.00
I want to be out of longs if we head towards 1850. My short-term view is still for the price to go further down so i'm expecting a liquidity grab between 1850-75
Not trading advice, just my thoughts. ALWAYS Manage your risk through strict stop losses and money management.
We're looking for support around 1796-1784, the price should ideally wick in that region and close above 1810-13 on the Daily.
Target 1: 1830
Target 2: 1840
Target 3: 1850
Optimal Entry - 1795
Stop Loss - 1775.00
I want to be out of longs if we head towards 1850. My short-term view is still for the price to go further down so i'm expecting a liquidity grab between 1850-75
Not trading advice, just my thoughts. ALWAYS Manage your risk through strict stop losses and money management.
Update:
We have opened a small lot BUY ORDER
First target short-term - 1820
Strict SL: 1775
We have opened a small lot BUY ORDER
First target short-term - 1820
Strict SL: 1775