DislikedHere's one to check out. The TDI has crossed and is below the Md Zone and below 50 - heading into 32 and PA is driving lower.
Weekly and monthly charts are both down.
If this breaks through the current support and BRN @ 1.4700, this is into new territory and has clear water underneath.
With ATR(7) at 101, SL should be at least 200pips, although the recent high would give you 270pips.
TP1 @ 200pips would not be a bad outcome and TP2 can be left to run - set to BE once TP1 is triggered.
The last 3 candles were 128 / 159 / 195...Ignored
Am I right to assume that you haven't gone short?
I'd imagine you're waiting for a confident close below 1.4700.
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