DislikedHi Alec,
I saw the demand but thought there was a good chance it would break after so many visits to it yesterday and the small bounce from it today which stalled at the 50 ema and 1.25500 RN.
I'm looking to let this one run if you look on 1h chart there is plenty of room to the downside. I'll be watching the 1.25000 RN but hope to see it reach support at 1.24880.Ignored
Set SL to +15 pips.
It helps if have some idea of what to expect from the PA after price hit the 1.25000 RN I was expecting a bounce back to previous short term support.
I'm looking for momentum to break the 1.25000 RN and carry down to 1.24880 support level.