DislikedPS at the time i entered there was a BEOB on the m15 as well, just noticed that. Something to remenber perhaps.Ignored
Dislikedhuge BEOB... a possible high momentum setup.
watch those lows (1.6070 - 1.6120 area), they can stall price. this area can be your FTA.
let's seeIgnored
Dislikedits a tight stop, always do.
Why i entered is because off the BEOB of course, the shape of it and the location where it left (weekly, daily pivot), we were beyond the monthly S1 @ 1.6032, at 50 fib level and a RN; there is also the brake of the LTL,...Ignored
what is your basis for that specific tight stop (1.6070 area?) ?
often, u get a (significant) retracement before a move. but in this case, it was a really good setup that your tight stop was left unscathed.
just something to keep in mind