I am holding this pair short at the moment with the aim of hitting 1.79823.
Confluences:
- Breakout of the triangle on both Daily & 4 Hr timeframes
- Retracement with 2 rejections of the 61.8% fib
- Market structure - previous strong support now acting as resistance
Confluences:
- Breakout of the triangle on both Daily & 4 Hr timeframes
- Retracement with 2 rejections of the 61.8% fib
- Market structure - previous strong support now acting as resistance
Trade active:
Still in this trade, closed 50% of my position for a healthy profit.