DislikedI will be posting updates for this trade live.
The reason I am taking this trade.
The BOSS is making LH and LL. Especially when you take a step back and look at the longer term trend.
Also the BOSS is currently showing a SS. I will watch if we are able to breach the low of the SS on the boss as well.
The WORKER is showing:
1 - A hammer that it the downward TL
2 - A (northern) doji after a rally from support of 1.6495
3 - A BEOB that breached support at 1.7093
The TRADE:
Buy Stop: 10 pips below BEOB at 1.7030
1st TP: 1.68 Pyscho
SL:...Ignored
Larry