DislikedJust throwing a chart up with my view. happy for any responses.
My first chart attachment so hopefully it works out.
I'm seeing a 2 day pin come IB piercing through the high of .7270.
If my lines etc are correct I figure there is up to 90 pips on offer from the break at .7180 to the area of confluence (ppz, 365ema and 23.6 fib) around .7090.
Not trading this just watching and testing.
GovIgnored
Well there's a lesson well learnt!!
Take the 30 pips on offer early, move stop to BE, closed out, look for another trade.
Text book J16.
All theoretical of course.
Attached Image