1st Entry Type: Since the prior impulsive move we have seen price action on this pair transition to a corrective phase. I am waiting for a pullback closer to one of the trend line and a price action signal to get short.
2nd Entry Type: A close below 1.5520 (breakout level) on a H4 or H1 will prompt
3rd Entry Type: Placing a Sell-Stop @ 1.5515 to trigger at first breakout.
if price action makes a significant impulsive breakout above 1.5500 this trade should be canceled
2nd Entry Type: A close below 1.5520 (breakout level) on a H4 or H1 will prompt
3rd Entry Type: Placing a Sell-Stop @ 1.5515 to trigger at first breakout.
if price action makes a significant impulsive breakout above 1.5500 this trade should be canceled
