I know it is not a purist example, but there are other examples of this in chart, h3ll, trading this pair is like an ugly step-sister that you wouldn't wish on your worst enemy sometimes.
It is end of month, alot of news to possibly drive price for retrace/short covering, the smell of hopium could rear its ugly head.
I am locked and loaded, aimed at Orthus, whose only real claim to fame is getting slayed by Hercules(PT)
Anyhow will let buy run its course moving SL as needed, and sell limit trigger on break back down and retest, unless it frefalls. Here in US we can only trade one pair one way at a time, and I am not comfortable with sell at this level after this fall. Awaiting 1.2460 area to see what happens.
Trade safe!
It is end of month, alot of news to possibly drive price for retrace/short covering, the smell of hopium could rear its ugly head.
I am locked and loaded, aimed at Orthus, whose only real claim to fame is getting slayed by Hercules(PT)
Anyhow will let buy run its course moving SL as needed, and sell limit trigger on break back down and retest, unless it frefalls. Here in US we can only trade one pair one way at a time, and I am not comfortable with sell at this level after this fall. Awaiting 1.2460 area to see what happens.