Price broke below 1.80000 last week.
This weeks candle started pushing price up, my guess is that price is moving up to re-test the broken support now resistance at 1.80000.
We might see the weeks high forming between today and tomorrow before getting a drop back down.
My idea was:
Price pushed down to re-test 1.79600 then M30 rejected this level and pushed up.
Got in on buys after the close of M30 when the next candle was pushing down for liquidity.
H1 closed bullish giving me more confirmation for direction.
This weeks candle started pushing price up, my guess is that price is moving up to re-test the broken support now resistance at 1.80000.
We might see the weeks high forming between today and tomorrow before getting a drop back down.
My idea was:
Price pushed down to re-test 1.79600 then M30 rejected this level and pushed up.
Got in on buys after the close of M30 when the next candle was pushing down for liquidity.
H1 closed bullish giving me more confirmation for direction.
Trade chiuso manualmente:
Ended up closing my position, i don't like how the setup is developing so i'll look for a better entry