Macro bias- Bearish GBP correlating with Bullish DXY.
Price on Monday cleared the equal lows(range).
Price has pulled back into the range during London session.
Entry Confirmation:
1. NY Open Killzone.
2. 70.5% fib level retracement.
3. Key level confluence with entry i.e 1.35750
4. Fair Value Gap to be filled.
Price on Monday cleared the equal lows(range).
Price has pulled back into the range during London session.
Entry Confirmation:
1. NY Open Killzone.
2. 70.5% fib level retracement.
3. Key level confluence with entry i.e 1.35750
4. Fair Value Gap to be filled.
Comment:
Sell Limit @ 1.35750 with 30pip risk and expected reward of 50pips
Comment:
expecting stop raids above previous day high.
Comment:
Trade not activated on Tuesday. Still valid
Comment:
Sells @1.35799 Stop Loss @1.362 Take profit @.1.35