H4 we can see it has created a double top formation and is now currently in a consolidation. We will wait to see which direction price breaks out and will trade accordingly.
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price has moved to the downside. entered at 1720 and is now currently in 100 pips profit. Sl has been moved to entry for a risk free trade, now we hold and wait to reach lower zone and take partial profits when necessary.
Trade closed: target reached:
TP was smashed, very nice tade