This resistance zone has a lot of selling pressure and a double top pattern is forming with lower high and a nice pin bar .
I have no biais on this pair because the market is ranging since october 2022.
I'll see how it perform. Not a big risk reward but it's enough.
Stop above the pin bar and target at 1.5R
I have no biais on this pair because the market is ranging since october 2022.
I'll see how it perform. Not a big risk reward but it's enough.
Stop above the pin bar and target at 1.5R
Trade active:
stop loss moved at breakeven
Trade closed: stop reached:
Stopped at 1.5564 in profit by the spread over US GDP news
Comment:
unfortunately, it didnt hit my tp, but close.