BUND - Long

FX:BUND   Euro-Bund
Looking to go long on the third touch of the upwards sloping trend line . There is currently very strong bearish pressure, but for the RR I am seeing potentially from this trade it meets my criteria for a 1% risk. If price action doesn't look good due to the gap down on the Sunday night open my bias could change as price may well play down further. If this is the case I'll be sitting on my hands until later notice here.
Comment: Loss of 2% here.

Looked to go long from the upwards sloping trend line on the higher time frames. 160.7 level has proven to be strong so price could now head upwards, however no further trades on the table for me here, just going to sit and see where price looks to be heading.


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