Possible retracement to fill the liquidity down into 1.32000 for a nice institutional level, beneath there lies a nice area of accumulation before the rally up off the trend line, this being the area I'm looking for it to return to and therefore fill the liquidity inefficiency and hit our target.
Risk Reward isn't too bad on this one, worth taking the chance for me even with the lack of volume we've seen throughout the holidays.
Risk Reward isn't too bad on this one, worth taking the chance for me even with the lack of volume we've seen throughout the holidays.
Trade active:
Stop moved to break even
Trade closed manually:
Just closed the trade & taken profit at 246 pips, was only a few pips away from target so i decided to take my profits instead of holding out for a tiny portion.