I'm looking for long positions on along the green line of the trend channel.
As you can see on the chart, we are at a key resistance level and hoping for a nice rejection with continuation of a downward trend.
TP: 1.17197 SL: 1.17013
Trend upwards may continue from the current support level. I've set my TP to when I feel opposing pressure could come in.
I'm expecting a nice price bounce from resistance as we are in a range trend. Good R:R on this trade.
