I am watching this 15m Bearish CURCT price structure. I will be waiting for price to run up to the previous high and fold over with a LCT candle. If price closes above 1.2785 the bearish price structure is no longer valid. I am trading down into a 1H bullish RCT price structure.
Trade active:
This trade looks to be triggering right now. The RR is only 1 on this set up which isn't the best. It is a high probability set up but it requires a very large stop with an equal target limiting the compounding potential.