-Price ended last week with large wicks breaking the highs and retracing
- Price then went into range and started to consolidate
- Price broke out of the range with some momentum
- If price does not pull back aggressively i will try to get in the first move to the downside High probability low risk
- I will set a sell limit order and wait for price to pull back to the most recent low
- If we get a couter trend and break the low before tagging me in i will delete my sell limit
Entry: 0.74084
Stop: 0.74204
12 pips
- Price then went into range and started to consolidate
- Price broke out of the range with some momentum
- If price does not pull back aggressively i will try to get in the first move to the downside High probability low risk
- I will set a sell limit order and wait for price to pull back to the most recent low
- If we get a couter trend and break the low before tagging me in i will delete my sell limit
Entry: 0.74084
Stop: 0.74204
12 pips
Comment:
i am deleting my sell limit order and will wait for another setup i dont like price action after the impulse